Market Moves
Seth Klarman Outfoxes Wildfires with Canny Insurance Bet on Utility
Billionaire hedge fund operator offsets equity stake in woebegone PG&E with purchase of liability claims against it.
Billionaire hedge fund operator offsets equity stake in woebegone PG&E with purchase of liability claims against it.
EDI works by adopting many of the same principles institutional investors use for outcomes-based portfolios and adapting them for insurance.
A.M. Best: Insurance industry's investment allocations to hedge funds declined approximately 28% in 2016.