Bank of England Details Unbundling Framework for FundedRe Deals
The BoE's proposed solution involves separating FundedRe into two distinct components for valuation purposes: an investment asset and a longevity swap.
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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.