FYI: As the director of research for Buckingham Strategic Wealth and The BAM Alliance, I get many questions about whether reinsurance is an appropriate investment. The basic argument in favor of the asset class is that reinsurance has equitylike forward-looking return expectations that are uncorrelated with the risks and returns of other assets typically in investor portfolios (stocks, bonds and other alternative investments).
Regards,
Ted
http://www.etf.com/sections/index-investor-corner/swedroe-managing-risk-reinsurance?nopaging=1
