Offshore Hedge Fund, PE Reinsurers Push Back Against Tax Rule
Reinsurers and industry trade groups are crying foul over an IRS rule that targets private equity and hedge fund backed insurers.
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Ackman Pivots From Building to Buying an Insurer
The hedge fund manager is targeting $1B to $3B insurance deals.
Markets
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Wildfire Risk May Fuel "Viscous Cycle" In Municipal Bond Market
Investors are beginning to demand higher yields from U.S. municipalities exposed to climate-driven wildfire risk, signaling a critical shift in how the bond market prices environmental vulnerability.
