‘Private equity’s insurance innovation needs a risk check’: Risk. net
March 21, 2022 by Kris Devasabai
All innovations have their downsides. From the bicycle to social media, inventions that provide great benefits to their users can leave others behind. Private equity’s new brainwave for the insurance industry – reinsure everything in Bermuda, boost allocations to structured credit and discount liabilities – is no different. [This article appeared today at Risk.net.]
Click HERE to read the full story via RIJ
Wink’s Note: Risk.net recently published a piece regarding private equity’s presence in the annuity market.
They suggest, “the private equity firms are doing something that is in some way unsustainable, or they are providing a useful jolt of competition into a sector that had run out of new ideas.”
Which is it?
I’m not sure if and when we will know.
My thanks to Kerry Pechter from Retirement Income Journal for the thought-provoking fodder. – sjm
