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How Annuities Became a Powerhouse Behind Private Credit

Original: The Sleepy Insurance Product That Came to Power Private Credit’s Ascent

The Wall Street Journal reports on how annuities, long considered a staid insurance product, have become a major funding source for private credit. Insurers channel policyholder money into private lending deals, fueling the sector's rapid growth. The story examines what this means for policyholders and financial stability as the private credit market expands.

Why now: Private credit's rapid growth and its risks are a top finance topic, and the insurance-industry connection is newly drawing scrutiny

Wall Street Journalprivate creditannuitiesinsurance industry

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• The Sleepy Insurance Product That Came to Power Private Credit’s Ascent · WSJ

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