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” Mr. Rowan, who moved Apollo into insurance policy and assisted pioneer the notion for your personal equity enterprise, has mentioned that Apollo and Athene use factors in the Berkshire design.
The premiums need to be invested so that insurers can earn a return beyond what they’ll pay policyholders.
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By way of Athene, an insurance provider it served generate and later merged with, Apollo acquired portfolios of annuities — a sort of insurance coverage policy that guarantees income streams, typically for retirees — from other insurers and made use of the rates collected to help extend its lending enterprises, from home loans to aircraft funding.
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