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Mmastodon BusinessFinance first seen 3 d ago, last 3 d ago, peak #5

How a Sleepy Insurance Product Powered Private Credit's Rise

Original: The Sleepy Insurance Product That Came to Power Private Credit's Ascent https://www.wsj.com/finance/the-sleepy-insurance

The Wall Street Journal reports on how annuities, long considered a dull corner of the insurance industry, have become a major funding source behind private credit's rapid growth. Insurers are channeling policyholder money into private loans, fueling the asset class's expansion and drawing scrutiny from regulators and investors worried about risks and transparency.

Why now: Growing concern over how much of the booming private credit market is funded through insurance products and what risks that hides.

Wall Street Journalprivate creditinsurance industryannuities

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Rank over time, top of the chart is #1. 2 snapshots from 3 d ago to 3 d ago.

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