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Hailing from the Nilgiris, I am an admirer of cars and old-school Jeeps. Gentle and courteous, yet strong in thoughts and beliefs. The forests and hills are ardent buddies for this music enthusiast. ....
Message : Required fields NEW YORK (Reuters) - Private equity firms have spent nearly $40 billion buying U.S. insurance companies in recent years, promising to earn higher returns on the mountains of money that insurers set aside to pay policyholders years or decades from now. The firms are moving some of the money out of traditional low-yield investments such as government bonds into riskier, harder-to-sell assets such as private loans and equity. The shift has caught the eye of regulators and raised concerns about a cash crunch if asset managers had to liquidate large portfolios in a hurry to meet insurance claims. ....