Dossier
Private Credit's State Backstop: How Private Equity Socializes Risk Through Insurers
Coverage of Private Credit's State Backstop: How Private Equity Socializes Risk Through Insurers in the Nexus archive.
- Why Private Credit Got Entangled With Insurance
Insurers have become a major driver of the private credit boom through partnerships or acquisitions with private equity firms. This entanglement raises concerns about risk, regulation, and potential taxpayer liability, as explored in a new paper by Andrew Granato and Pranjal Drall.