What was the state of the insurance industry as described by the speaker?
Assured Guaranty to Buy BlueMountain in $160 Million Deal
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Business
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University
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The video discusses the merger between Blue Mountain and Assured Guaranty, highlighting the interesting dynamics of the deal. It provides an overview of the insurance industry's search for yield and the challenges faced by Blue Mountain, including the closure of a billion-dollar fund and loss of managers. The video concludes with the closure of Blue Mountain's investment and its future prospects.
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2 questions
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OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What does the speaker imply about the future of deals like the one involving Blue Mountain?
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