As the last winter storm impacts of this event are still unfolding, any detailed prediction about ultimate insured losses is premature. Some modelling firms have issued public estimates of the insured market loss for winter storm Uri. Karen Clark & Co speaks of up to USD 18bn, AIR from “north of USD 10bn”.
Ereignisbericht: Wintersturm Uri
Da die letzten Ausläufer der Stürme noch nicht abgezogen sind, ist eine abschliessende Bewertung noch nicht möglich. Einige Modellierungsfirmen haben erste Schätzungen veröffentlicht: Karen Clark & Co spricht von einem versicherten Schaden von 18 Mrd. USD und AIR schätzt den Schaden in einer ersten Verlautbarung auf über USD 10 Mrd.
While Gold Pauses, Silver Takes Off
Sprott Monthly Report - February 2021
Gold Holds Above $1,800 Support
Spot gold closed the first trading month of the year at $1,848, down $51 an ounce or -2.67% in January. Gold started the year strong, reaching almost $1,960 before dropping quickly back to its support level above the $1,800 range.
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Sprott Gold Market Outlook
Support Remains in Place for the Gold Bull Market to Continue
• Gold has established a new trading range beyond the last decade’s average price
• Gold prices have reached new levels in multiple currencies
• Demand for physical gold has accelerated since equity markets peaked in February
• Investors shunning Treasuries for more exposure to precious metals
Wealth Management Report
COVID-19 has clearly become the single most important driver for financial markets over the last several months. After posting some of the sharpest losses on record in March, equity markets have shown signs of recovery recently, but remain below their peak levels from earlier this year. In the immediate future, the market is likely to focus on how quickly lockdown measures are eased and the pace of the recovery in corporate profits.
COVID 19: Cat Bonds und ILS - ein Fels in der Brandung
Die durch die Corona-Krise hervorgerufenen signifikanten Einschränkungen im Wirtschafts leben führten zu massiven Einbrüchen in vielen Anlagesegmenten. In dieser Phase grosser Unsicherheit und Volatilität konnten ILS - Cat Bonds, transformierte Rückversicherungs verträge und ähnliche Anlageinstrumente - einmal mehr ihre positiven Eigenschaften als stabilisierendes Element in einem Anlageportfolio beweisen.