If private credit breaks, insurers will fall under the microscope
Rising holdings of the asset class could lead to problems when the next downturn comes
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Private credit’s moment for a healthy reset
Recent ructions highlight the case for better scrutiny of the asset class
We must be mindful of the risks of private credit
The sector remains untested in a severe or prolonged economic downturn
Private credit won’t spark the next financial crisis
A lower leverage ratio and limited links to banks mean that the sector is unlikely to pose a systemic threat
Investors beware the dangers lurking in private credit
For some observers, the rapid rise of this asset class invites unsettling historical comparisons
Private credit firms pile into consumer debt as risk-taking mounts
Growth raises concerns about underwriting and risk management at fast-expanding groups
Private credit exposure turns investors away from US life insurers
Inflated private ratings could mask credit risks and leave insurance companies undercapitalised