US private equity firms looking to start up reinsurance firms
After a stream of catastrophes in 2008 and an active hurricane season, US private equity houses are looking to start up reinsurers, according to Reuters .
The news agency says that a properly-capitalized reinsurer can generate returns of 20% per year - something that would very much interest private equity houses.Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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