Equitable and Corebridge in talks to create $22bn life insurance giant
Plans come as private capital groups have hitched their growth to managing assets held by US insurers
Plans come as private capital groups have hitched their growth to managing assets held by US insurers

US private capital group expected to restart fundraising in flagship European buyout fund

Inflated private ratings could mask credit risks and leave insurance companies undercapitalised

Fast-growing market comes under greater scrutiny for potential risks after series of setbacks

Talks with private capital firms have focused on operational hurdles for retail customers

Flood of money into evergreen vehicles has meant 7.5% share carved out in fund terms no longer sufficient

Lender announced plan last year to use $3.2tn balance sheet to muscle into alternative lending market