4 ms·

It’s an insurance company so basically pensions.

• nradov 10mo ago
  Right, insurance companies are the new "financial dark matter". The next financial crisis will probably be triggered when a few large life and property insurers fail because they purchased debt assets which were highly rated but turn out to be junk. (Medical and auto insurers aren't exposed here because they operate on much shorter timeframes.)
  • robocat 10mo ago
    It's more disturbing than you think: America’s Retirement Savings in Bermuda entities that lose US protections while making opaque, complex bets: https://www.bloomberg.com/graphics/2025-america-insurance-part-1/ https://www.bloomberg.com/graphics/2025-america-insurance-pa... https://archive.ph/lhZv9 https://archive.ph/lhZv9
• JumpCrisscross 10mo ago
  > It’s an insurance company What is?