Former Apollo risk chief says some new life insurers could struggle in downturn

Former Apollo risk chief says some new life insurers could struggle in downturn

Challenges Anticipated for New Life Insurers in Economic Downturn

Chak Raghunathan, a former risk chief at Apollo, has expressed concerns regarding new life insurers. Raghunathan points out that these insurers might face difficulties during an economic downturn due to their significant dependence on untested private credit and newer savings products, which may be susceptible to withdrawals.

Original Source: https://www.ft.com/content/0e1ddf60-1987-40ef-b07e-912937ce5cbd

Threat of state-sponsored cyber attacks could make UK terror insurer ‘obsolete’

Threat of state-sponsored cyber attacks could make UK terror insurer ‘obsolete’

Insurance Sector Faces Growing Systemic Risks The head of Pool Re, the UK’s leading terrorism reinsurer, recently pointed out that the insurance...

Read More
UBS chair warns of ‘looming systemic risk’ from insurers’ private credit assets

UBS chair warns of ‘looming systemic risk’ from insurers’ private credit assets

Title: UBS Chair Highlights Concerns Over Insurers' Investment Practices Colm Kelleher, the chair of UBS, has raised significant concerns about the...

Read More
US health insurer stocks call in sick

US health insurer stocks call in sick

Medicare Reimbursement Proposal: Key Details The White House has introduced a proposal that would keep Medicare reimbursement rates largely...

Read More