Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.
Insurance Risk Warning
Description
Iowa Insurance Commissioner Doug Ommen warned that private equity firms have redirected policyholder funds into riskier private credit and structured securities. Iowa oversees $1.3T in insurance assets and $449B in offshore reserve funds. Insurers have transferred $1T+ in obligations to offshore reinsurers in Bermuda and the Cayman Islands. Analysts warned the trend could trigger a financial crisis, citing a case where $7B in liabilities were backed by just $200M in real assets.
More from User
03:43
Stock Market Today: Dow Futures Gain, S&P 500 Slips As May Payrolls Rise 172K, Unemployment Holds Flat At 4.3%
Benzinga
00:57
Home Sellers Exit Market
Benzinga
00:39
Senate Strips Ballroom Funding
Benzinga
00:48
Quantinuum IPO Prices at $60
Benzinga
00:56
Manning Targets Youth Sports
Benzinga
00:55
Dollar Holds Steady
Benzinga
Related Videos
00:59
Bermuda Insurance / Reinsurance News, Trends and Info, 2011
CasualtyActuary
00:06
[PDF] Risk Theory and Reinsurance (EAA Series) [Download] Full Ebook
Juanita Adkins
00:38
Indian Insurance Market - India - also reinsurance
CasualtyActuary
00:05
Read Tax Facts on Insurance & Employee Benefits 2007 - Life & Health Insurance Annuities Employee
Feuchtwanger
00:30
[PDF] Risk Theory and Reinsurance (EAA Series) Popular Online
Crystlelsow
00:07
Read Tax Facts on Insurance & Employee Benefits 2008: Life and Health Insurance Annuities Employee
Phila Tomkin