Australia Cyclone Reinsurance Pool Continues to Face Model, Structure Challenges
The Australian government says that its new reinsurance pool -- built to address cyclone risks -- faces conflicts and confusion in modeling and claims parameters.
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Pershing Files for $10B IPO as Vantage Deal Puts Insurance at Center of Ackman's Strategy
Pershing Square's IPO filing confirms the $2.1 billion Vantage acquisition and reveals insurance companies as anchor investors — while flagging the deal as a distraction risk to the fund itself.