Wall Street Zeroes In on Carlyle's $87B Insurance Play as Fortitude Re Deals Accelerate
Incoming CFO Justin Plouffe highlighted Fortitude Re's $4 billion Unum transaction and projected $20 billion in new AUM as evidence the strategy is delivering.
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Wildfire Risk Rules Could Threaten California’s AI Build-Out and PG&E Shares, Executives Warn
As California’s wildfire liability debate moves into its final phase, PG&E is telling investors that a bad deal could hurt grid expansion, affordability, and AI data-center growth.
Insurers Say Their Tech Exposure Is "Immaterial". Wall Street Isn't So Sure.
Wall Street insurers across earnings calls about software and private credit exposure, suggesting the buy side sees concentration risk the industry hasn't priced.
Xcel Defends Wildfire Plans as Policymakers Push Back
After settling a $650 million claim tied to the Marshall Fire, the utility says that its power shutoff strategy is painful but necessary.
