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Economy

Mark Walter's insurance empire faces scrutiny during Lakers sale

The Financial Times examined risks across Mark Walter's private-capital and insurance holdings as he moves to sell the Los Angeles Lakers. Investors had seen an opportunity to make insurance more profitable, but problems in Walter's wider empire are raising questions about the liabilities and structures behind that strategy.

Why it matters

Stress in linked insurance businesses can spread through a private-capital group and complicate major asset sales.

Sources

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