Former White House Cyber Official Proposes Catastrophe Bonds to Address China Infrastructure Threats
A former NSC cyber told lawmakers that critical infrastructure operators should be required to purchase catastrophic insurance coverage as Chinese-manufactured components dominate 93% of global transportation sensors.
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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.