BlackRock’s Sees Insurers Shifting $70 Billion Into Private Credit in 2026
BlackRock CEO Larry Fink says insurers could shift roughly $70 billion into private high-grade credit over the next year, as the asset manager positions private credit as a core income engine in re-engineered insurance portfolios heading into 2026.
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Berkshire's Abel Says Energy Holdings Can't Be a "Deep Pocket" For Growing Wildfire Risk
In his first shareholder letter, Berkshire CEO Greg Abel draws a firm line on wildfire liability for energy holdings, even as Berkshire's own insurance operations absorbed nearly $1.8 billion in underwriting losses tied in part to the 2025 Los Angeles fires.
