hedge fund investments in insurance News

Investors Now Betting Against Hedge Fund Reinsurers

The shorts are targeting one of Wall Street’s best known short sellers. Bearish investors have piled on bets against a reinsurer started by hedge fund manager David Einhorn as the company’s losses climbed. Short interest on Greenlight Capital Re Ltd., …

Paulson’s Hedge Fund Bets $800M on AIG

Billionaire John Paulson’s hedge fund firm bought a position in American International Group Inc. in the first quarter valued at $800 million at the end of March, in his latest bet on the insurance industry. The New York-based firm purchased …