Economy‘Rolling’ loophole helped Walter’s insurers skirt capital rules
The loan was described on paper as having a six-month term. In December 2018, an insurance company owned by sports mogul Mark Walter sent $40 million to a borrower whose identity was not disclosed.
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Bloomberg News★★☆☆☆2026-10-16 15:00Original
‘Rolling’ loophole helped Walter’s insurers skirt capital rules
Economy