US Treasury calls in regulators for talks on private credit risks
Discussions will include American and international insurance watchdogs
Discussions will include American and international insurance watchdogs

The sector remains untested in a severe or prolonged economic downturn

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

Growth raises concerns about underwriting and risk management at fast-expanding groups

Recent ructions highlight the case for better scrutiny of the asset class

What matters most is how capital was deployed and underwritten

Wall Street cheers plans that would water down protections designed to avoid repeat of 2008 financial crisis