Beechwood Re distances itself from beleaguered hedge fund

CNO Financial Group reinsurance provider Beechwood Re has
declared it has minimal exposure to Platinum Partners, a hedge fund
under investigation by the US Securities and Exchange Commission
and the Department of Justice.
In a statement issued yesterday, Beechwood Re said that
Platinum-related loans represented a small portion of its
business.
"As noted, any private loans which Beechwood Re originates
and/or acquires as part of this process represent a minority of our
portfolio, and have both in