Hikes in Insurance Rates Mean Ultra-Wealthy Must Get More Serious About Personal and Family Risk streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Ultra-high net-worth families, namely those with single-family offices whose wealth results from private ownership of business enterprises, put a premium on understanding and managing risks to their businesses. Yet they are lenient about managing risks relating to family members themselves.