FYI: As the director of research for Buckingham Strategic Wealth and The BAM Alliance, Larry 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 (that is, stocks, bonds and other alternative investments).
Regards,
Ted
https://www.etf.com/sections/index-investor-corner/swedroe-global-warming-reinsurance
