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For wealthy families, one of the most consequential tax events can occur not when an asset is bought or

For much of modern finance, the primary question has been straightforward: how much money can an investment make? Increasingly,

An asset can be legally protected and commercially important without having an obvious market price. That problem is particularly

Some of the most valuable assets in the modern economy cannot be seen, touched, or stored in a warehouse.

The most expensive infrastructure problem is often the one that has not happened yet: a city that must strengthen

The global insurance industry is confronting a problem that is becoming increasingly difficult to solve with traditional insurance capital

For decades, portfolio construction has revolved around risks tied to economic growth, corporate earnings, interest rates and inflation. Reinsurance

The financial challenge created by major disasters is no longer limited to estimating the eventual cost of physical damage.

The financial cost of extreme weather is increasingly raising a harder capital-markets question: who ultimately has the balance sheet

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