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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PG&E Talks Up Wildfire Reforms While Analysts Push Buybacks
PG&E outlined expectations for California's new wildfire legislation while fielding investor questions about potential share buybacks amid the utility's depressed stock price.
