The Black Ink

By Nick DePersis, Investment Manager, ISDA As we step into summer 2025 and we welcome the warmer weather, it’s the evolving economic environment that’s really heating up. The first half of 2025 has delivered a complex financial landscape. Central banks, especially the...

By Nick DePersis, Investment Manager, ISDA As we navigate through 2024, the financial markets have presented a mixed bag of challenges and opportunities. The recent rise in interest rates, driven by efforts to combat inflation, has significantly impacted various...

By Nick DePersis, Investment Manager, ISDA In the wake of recent economic events, insurance companies like the ISDA are facing a landscape that is both challenging and ripe with opportunities. The confluence of rising interest rates, inflationary pressures and...

By Joann Blackwell, National Controller, ISDA The financial results are in for the second quarter ending June 30, 2023. Assets have increased 11% from the prior year to $369,926,700 while liabilities have increased 11% to $354,690,800. Surplus has grown to $15.2...

By Joann Blackwell, National Controller, ISDA Financial results for 2022 continue to be positive. We continue to grow our assets in addition to producing record amounts of investment income and net income. Total assets are now over $334 million, an increase of $57...

By Nick DePersis, Investment Manager, ISDA In what feels like a scene from the movie “Groundhog Day,” another quarter and more inflation concerns! What has been the major story of most of 2022, rampant inflation, has continued to dominate as we enter the fourth...

By Joann Blackwell National Controller, ISDA Financial results for the second quarter ending June 30, 2022, are solid. Assets have increased 17% to $324,845,430 since December 31. Investments in bonds and stocks make up 98% of the assets, and all are investment grade....

By Nick DePersis Investment Manager, ISDA As we approach the close of the first half of 2022, an adage comes to mind: “It’s time to pay the piper.” As the U.S. and the world faced an unprecedented global pandemic in 2020, governments and central banks did whatever...

By Ed DePersis Investment Manager, ISDA Editor's note: The following investment highlights and financial observations were compiled from the required 2021 financial statement. The financial statement is filed with insurance departments in ISDA-licensed states. The...