Private credit
On March 21, Federal Reserve economists published research warning about increases in high-risk lending by U.S. life insurers. On the same day, the National Association of Insurance Commissioners asked...
Open Letter to NAIC’s Life Actuarial Task Force
'You encourage and abet the whack-a-mole behavior of insurers that regulators have tolerated in the industry—to the detriment of consumers... I don't want to be left holding the (empty)...
Private Credit AUM to Double by 2028: Moody’s
The Moody’s report showed that, as of the end of the third quarter of 2024, private credit and insurance assets accounted for 52% the AUM of the four largest...
Nut Case: Prudential and Brighthouse’s Bets on Pistachios
A California pistachio grower defaulted on $1 billion in loans from Prudential, Brighthouse Life, and U.S. Bank this year. Their legal efforts to seize the collateral offer a glimpse...