34 min
The Art of the Appeal: AM Best Downgrades, Tump's Appellate Bond, Lloyds profits and Ligation Funding Survey RiskCellar
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- Management
Ever fancied a trip to the rolling vineyards of southern France, complete with a glass of exquisite Merlot, without leaving your living room? This episode swirls around the heady aromas of a 2021 Rassoul vintage, but that's just the prelude to an intoxicating exploration of the insurance industry's latest gyrations. We're uncorking the complexities of AM Best's ratings dance, Trump's bond buzz, and Lloyd’s impressive performance in 2023. Alongside this, we're sifting through the calls for oversight in the murky world of litigation funding. Paired with tales of southern France, our musings are bound to whet your appetite for both the finer things and the financial intricacies that shape our world.
The scene shifts as we navigate the intricacies of insurance ratings, likening the tension of downgrades to the final minutes of a football match facing relegation—case in point, Pie Insurance Group's recent slips and stumbles. Bain Capital's strategic leap into GuideOne and lingering echoes of Mitt Romney's tenure at Bain adorn our conversation. We also share insights from our guest expert, who lifts the veil on Lloyd's of London's secretive syndicates and their storied successes. This chapter is a masterclass in decoding the signals sent by credit rating agencies and sifting through the sector's strategic plays—from GuideOne's unique market stance to the peculiarities of Lloyd's inner workings.
Our talk takes a more serious turn, delving into the significant turnaround at Lloyd's of London and the post-pandemic silence within the walls of its iconic building. A reflection on American attitudes towards legal reforms and the disproportionate gains enjoyed by litigation funders over plaintiffs marks a sobering discussion. We wrap it up on a cautionary note, dissecting urgent recalls that hit close to home: the Jule Baby Nova baby swings and Anchor's lithium-ion battery-powered coolers. The perils of product safety are not taken lightly here, as we navigate the fine line between innovation and consumer protection, all while dishing out relatable nuggets about life's little challenges. Join us for an episode that promises more than just a sip of knowledge—it's a full-bodied experience.
Timestamps
0:41 Today's wine: Luc Pirlet Reserve Merlot
3:56 Today's topics
5:17 AM Best downgrades
12:14 Trump posts $91 million bond and files notice of appeal in E. Jean Carroll case
17:39 Lloyds profits in 2023
21:38 Litigation Funding Survey: mostr americans want legal reforms against litigation funding
24:48 Recall of the week: Jool nova baby swing
28:19 Second recall: Anker's coolers
Connect with RiskCellar:
Website: https://www.riskcellar.com/
Brandon Schuh:
Facebook: https://www.facebook.com/profile.php?id=61552710523314
LinkedIn: https://www.linkedin.com/in/brandon-stephen-schuh/
Instagram: https://www.instagram.com/schuhpapa/
Nick Hartmann:
LinkedIn: https://www.linkedin.com/in/nickjhartmann/
Ever fancied a trip to the rolling vineyards of southern France, complete with a glass of exquisite Merlot, without leaving your living room? This episode swirls around the heady aromas of a 2021 Rassoul vintage, but that's just the prelude to an intoxicating exploration of the insurance industry's latest gyrations. We're uncorking the complexities of AM Best's ratings dance, Trump's bond buzz, and Lloyd’s impressive performance in 2023. Alongside this, we're sifting through the calls for oversight in the murky world of litigation funding. Paired with tales of southern France, our musings are bound to whet your appetite for both the finer things and the financial intricacies that shape our world.
The scene shifts as we navigate the intricacies of insurance ratings, likening the tension of downgrades to the final minutes of a football match facing relegation—case in point, Pie Insurance Group's recent slips and stumbles. Bain Capital's strategic leap into GuideOne and lingering echoes of Mitt Romney's tenure at Bain adorn our conversation. We also share insights from our guest expert, who lifts the veil on Lloyd's of London's secretive syndicates and their storied successes. This chapter is a masterclass in decoding the signals sent by credit rating agencies and sifting through the sector's strategic plays—from GuideOne's unique market stance to the peculiarities of Lloyd's inner workings.
Our talk takes a more serious turn, delving into the significant turnaround at Lloyd's of London and the post-pandemic silence within the walls of its iconic building. A reflection on American attitudes towards legal reforms and the disproportionate gains enjoyed by litigation funders over plaintiffs marks a sobering discussion. We wrap it up on a cautionary note, dissecting urgent recalls that hit close to home: the Jule Baby Nova baby swings and Anchor's lithium-ion battery-powered coolers. The perils of product safety are not taken lightly here, as we navigate the fine line between innovation and consumer protection, all while dishing out relatable nuggets about life's little challenges. Join us for an episode that promises more than just a sip of knowledge—it's a full-bodied experience.
Timestamps
0:41 Today's wine: Luc Pirlet Reserve Merlot
3:56 Today's topics
5:17 AM Best downgrades
12:14 Trump posts $91 million bond and files notice of appeal in E. Jean Carroll case
17:39 Lloyds profits in 2023
21:38 Litigation Funding Survey: mostr americans want legal reforms against litigation funding
24:48 Recall of the week: Jool nova baby swing
28:19 Second recall: Anker's coolers
Connect with RiskCellar:
Website: https://www.riskcellar.com/
Brandon Schuh:
Facebook: https://www.facebook.com/profile.php?id=61552710523314
LinkedIn: https://www.linkedin.com/in/brandon-stephen-schuh/
Instagram: https://www.instagram.com/schuhpapa/
Nick Hartmann:
LinkedIn: https://www.linkedin.com/in/nickjhartmann/
34 min