offshore reinsurance

2 statements across 2 episodes · 0 bullish · 2 bearish · 2 people on the record · first statement Jun 24, 2024 by Ben Hunt · across every show →

Everything said about offshore reinsurance, oldest first

Jun 24, 2024 bearish
Opinion
Hunt: Private Credit Reinsurance Structures Recreate Pre-2008 Citigroup SIV Risks
“My strong belief is that we've shifted around a lot of risk into the insurance, particularly the offshore reinsurance world, where leverage ratio is incredibly high, increasingly invested with affiliates. And we all know what that means, but it's, the reason I…”
Ben Hunt Jun 24, 2024 ▶ 43:43 Ben Hunt - The Stories that Drive Markets (EP.393)
Sep 2, 2024 negative
Assertion Supported
Eichhorn: PE-backed insurers use much more private credit and offshore reinsurance
“Clearly there is a very, very different model for the private equity backed insurers. A lot of insurers are using private credit to be sure, but the private equity backed are using it much more and other products, whether it be CLOs and using a lot of offshore…”
David Eichhorn Sep 2, 2024 ▶ 47:40 David Eichhorn - Serving Clients and Reducing Risk at NISA (EP.403)
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