Texas National Guard soldiers assist citizens in heavily flooded areas from the storms of Hurricane Harvey in Houston, Texas, U.S. Aug. 27, 2017. Picture taken August 27, 2017. Lt. Zachary West/U.S. Texas Military Department/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. - RTX3DPK4
In 2017, 27 U.S. reinsurance deals with disclosed value of $11.4 bln
Three PE reinsurance deals as of Aug. 28 with disclosed value of $1.3 bln
Berkshire Hathaway has its own reinsurance group
Don’t expect Hurricane Harvey to spur a rush of private equity investment in reinsurance, according to sources. PE firms have historically been big investors in the sector. The reinsurance sector, however, has changed since the Sept. 11, 2001 terrorist attack, one ...