The aerospace giant will transfer liabilities to the insurer, roughly 20,000 retirees and current workers.
Asset value of sector is more than twice the country’s GDP.
After a whirlwind day of news, Aon confirms it will not pursue the buyout after all.
Buyers of the funds triple in number, although these securities are still a small part of carriers’ portfolios, study says.
Billionaire hedge fund operator offsets equity stake in woebegone PG&E with purchase of liability claims against it.
EDI works by adopting many of the same principles institutional investors use for outcomes-based portfolios and adapting them for insurance.
A.M. Best: Insurance industry's investment allocations to hedge funds declined approximately 28% in 2016.