Insurance is a Racket!
Insurance is a Racket! By Gil Baumgarten, Segment Wealth Management, LLC I know that’s a bit harsh, but the odds of most claims are low, and costs are generally high relative to that risk. I’m also a former life-licensed agent from decades ago, so I’m pretty familiar with the math. Being in the investment business, most […]
Big Funds Putting More Money into Reinsurance
The Royal Gazette – June 2012 NEW YORK (Reuters) – Investors globally, from hedge funds to retirement systems, are looking to an obscure corner of the insurance industry to boost returns and avoid some of the swings that have plagued stock and bond markets in recent years. Their attention is focused on the reinsurance sector, […]
Analysis: Investors Turning to Reinsurance for Juiced Returns
Reuters – May 2012 (Reuters) – Investors globally, from hedge funds to retirement systems, are looking to an obscure corner of the insurance industry to boost returns and avoid some of the swings that have plagued stock and bond markets in recent years. Their attention is focused on the reinsurance sector, which covers insurance companies […]