Third Point Joins the Triangle, Cayman-Style

By Kerry Pechter

Another asset manager goes subtropical. Third Point Investors Ltd. established Malibu Re in the Cayman Islands, bought a Texas life insurer from Mutual of America, acquired a private credit shop, and received $25m each from Voya and ReliaStar.

A Bridge from Private Markets to 401(k)s?

Secondaries are to private markets what repo markets once were to banking —a critical but sometimes invisible layer of leverage and liquidity.

Axonic Insurance gets $210 million from new investors

'We’re decomposing the insurance industry into its parts,” Axonic Insurance CEO Michael Gordon told RIJ in 2024. “We want to make Lego sets, and put pieces together.'

Tax Cuts and Culture Wars Don’t Reduce the National Debt

By Eugene Steuerle

Politicians busy themselves with tax cuts, culture wars, and battles over minor parts of the U.S. budget, rather than focusing on the big ticket items that drive our perennial budget deficits and long-term national debt, writes this tax expert and former Treasury official.

The Bucket

New record for annuity sales: LIMRA; Alight and MetLife partner to offer income annuities in DC plans; Annuities Genius launches AI-driven research tool; NAIC and ACLI differ over wisdom of publicizing insurers' RBC ratios.

Data Connection: Data Connection

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