funding agreement-backed notes
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Sep 2, 2024 by David Eichhorn · across every show →
Everything said about funding agreement-backed notes, oldest first
Sep 2, 2024 bearish
Eichhorn: PE-backed insurers trade at much higher funding note spreads
“Many insurers issue what are called funding agreement-backed notes. Those are policy-level notes. They're parapesu with policyholders, so they're a really great market measure of what's the risk of an insurer, and you just see it in that data. The private equi…”