Why is Equitas the solution?
That is proven to be a very inefficient way to go about things. Equitas won't have that encumbrance.
- Equitas will be a stand-alone reinsurance company, and it will be able to more effectively match its investments to its projected payout of liabilities. This means that long-tail, higher-yield investments will be more readily available to Equitas to match the long-term liabilities as they're paid off.