US state insurance regulators are stepping up their scrutiny of insurers’ exposure to private credit as concerns grow over the risks posed by the rapidly expanding asset class, according to a report by the Wall Street Journal citing comments from Susan Ochs, acting insurance commissioner for New Jersey.
Speaking at the summer conference of the National Association of Insurance Commissioners (NAIC), Ochs revealed that insurance commissioners have been holding private discussions with insurers to...
Continue Reading
Sign up for FREE to read the full article and access 150K+ alternative investment headlines.