Any capital injection from GIC would follow an effort by Apollo to raise capital that enables Atlas SP’s balance sheet to grow to more than $50 billion from about $40 billion in February.
https://www.nationalmortgagenews.com/articles/gic-in-talks-to-invest-in-apollos-structured-finance-unit
Helene dumps rain on millions of U.S. homes that lack flood insurance
The disaster underscores Americans' dangerously low levels of flood insurance coverage, especially...
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