By Kerry Pechter
An indexed universal life policy demands about as little maintenance as an eight-cylinder, 750-horsepower, 200-mph NASCAR stock car. And in the hands of an unskilled, or untrustworthy driver, or pit crew, such a policy can crash and burn.
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Private Credit News
Dimon’s ‘cockroach’ comment sparks minor run on private credit firms; Global watchdogs scrutinize private credit ratings; Eldridge and Carlyle AlpInvest credit fund gets ~$1.5 billion.
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When Private Equity Owns Both Sides of Your Transaction
By Peter Dziedzic 'We’re not just watching private equity invest in carriers. We’re watching capital buy carriers, distribution, advisor platforms, and the technology layer, all at the same time,' warns the president and general counsel of the Life Insurance Strategies Group.
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Bulletin Board
Sale of PHL Variable blocks ‘no longer feasible’; Delaware Life FIA now offers a Bitcoin crediting method; Corebridge FIA also includes 'modest' exposure to Bitcoin; Ratings of insurers involved in 777 controversy are downgraded.
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