Apollo's insurance float keeps growing, drawing a fresh NAIC comment letter
Private credit wrapped in an annuity is still the trade of the decade. Regulators have found the envelope.
Priya NairFinance Reporter
Credit cards and a laptop during an online payment
NEW YORK — Private credit wrapped in an annuity is still the trade of the decade. Regulators have found the envelope.
The NAIC letter, according to two people who have seen it, asks for more uniformity in how affiliated origination is valued inside life-insurance general accounts.
Priya Nair
Finance Reporter
Writes on banks, private credit, and the regulatory perimeter around nonbank lenders.