Until recently, it was an established practice for a SPAC team to buy a six-year tail insurance policy when it merged with its target. The tail costs were usually pre-negotiated years before—at the ...

Investment News recently ran a story called “Black Swan Funds Duck Market Mayhem.” Since the bear market of 2008 the idea of managing the potential for extreme market downturns has become a focus for ...

A market correction may have begun. Several exchange-traded products claim to provide tail risk insurance or attempt to inverse the performance of market indices. How did they perform in the recent ...

Companies in certain industries have years and even decades of experience in defending and resolving “long-tail” liabilities for suits, claims and other proceedings—such as for asbestos-related ...

Hedging strategies can pay off big when markets crash — but that eventual pay-off is “more than offset by their cost,” according to MSCI Research. Tail-risk hedging strategies are investments designed ...

NEW YORK, June 18-- XL Group, an insurance and reinsurance company, issued the following news release: AXA XL, the property & casualty and specialty risk division of AXA, has named Robert Klepper as ...