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Apollo CEO Worries About Insurers Heading to Cayman Islands
By
Allison Bell
News November 13, 2024 at 01:59 PM
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What You Need To Know
- Apollo owns Athene.
- Marc Rowan, the CEO of Apollo, contends that Cayman Islands capital counting rules are looser than U.S. rules.
- He suggested that some competitors may operate there to cut the amount of capital supporting their products.
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