Glacier Re: a wise start-up?

reinsurance

New capital coming into the reinsurance business, especially when attached to a successful hedge fund management manager like George Soros, always creates a good deal of excitement.

A financial investment in a reinsurance company without a track record of proven success is always considered a speculative investment. It receives further scrutiny when reinsurers have not traditionally been successful performers, especially compared to the investment returns that hedge fund operators are looking