In Volatile Market Environment, Steinbrugge Looks To Re-Insurance Hedge Funds

Earlier this year, hedge fund consultant Don Steinbrugge was recommending that his clients get ready for volatility and had adjusted his stable of hedge funds his firm represents. Now the founder and managing partner at Agecroft Partners has his eye on a noncorrelated strategy with a mathematical bent: the re-insurance industry. Re-insurance is a quantitative business based on probabilities derived from past performance Steinbrugge, out with an article today in advance of bringing in a re-insurance hedge fund into his stable, told ValueWalk in an interview that the re-insurance industry is all based on probabilities. What is interesting is that…