Insurance

Insurance

Outsourcing to Yourself

The fees buried inside offshore life reinsurance are growing because the structure is doing exactly what it was built to do. We can be confident of that, because we have watched the same thing happen before — and, once, watched a regulator stop it.

Insurance

The matching adjustment, Thames Water, and the question the BPA market is not asking

On regulatory architecture, captured rent, and what happens when an infrastructure asset stops behaving like an infrastructure asset.