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Lots to Learn from Brown & Brown Insurance's Q1 Earnings Call

Sica Fletcher

For owners and executives of private insurance brokers, Brown & Brown's first quarter earnings call provides a treasure trove of information. insurance brokers. The typical PE-backed broker is levered at 6.0x That is, for every $1 of EBITDA they have $6 of debt. billion of debt given the 6.0x

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Treasury Bills: Definition, How it Works, Benefits

Peak Frameworks

A classic example of T-Bills in action occurred during the European Sovereign Debt Crisis. Investors, wary of the uncertainties in European debt markets, turned to U.S. For instance, in 2011, amid the U.S. Debt Ceiling Crisis , T-Bills experienced an unusual yield spike as investors momentarily questioned U.S.

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