{"id":30451,"date":"2012-08-01T07:32:06","date_gmt":"2012-08-01T11:32:06","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=30451"},"modified":"2012-08-01T07:32:06","modified_gmt":"2012-08-01T11:32:06","slug":"hedge-funds-getting-burned-in-offshore-insurance","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2012\/hedge-funds-getting-burned-in-offshore-insurance.html","title":{"rendered":"Hedge Funds Getting Burned in Offshore Insurance"},"content":{"rendered":"<p>The Street &#8211; After earning Wall Street fame for making billions by buying protection against the U.S. subprime mortgage market, John Paulson&#8217;s newest foray into the world of insurance is off to a loss-making start as the hedge fund manager bleeds red ink from the shores of Bermuda.<\/p>\n<p>In April, Paulson&#8217;s struggling hedge fund Paulson &amp; Co. teamed Validus Holdings on a $500 million-plus joint investment to create PaCRe, a Bermuda-based reinsurance company with policies underwritten by Validus and an investment portfolio managed by Paulson &amp; Co.<\/p>\n<p><a href=\"http:\/\/www.thestreet.com\/story\/11645195\/1\/hedge-funds-getting-burned-in-offshore-insurance-street-whispers.html?cm_ven=GOOGLEN\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Street &#8211; After earning Wall Street fame for making billions by buying protection against the U.S. subprime mortgage market, John Paulson&#8217;s newest foray into the world of insurance is off to a loss-making start as the hedge fund manager [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-30451","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/30451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=30451"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/30451\/revisions"}],"predecessor-version":[{"id":30452,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/30451\/revisions\/30452"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=30451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=30451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=30451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}