Edison Acknowledges "Viable Explanation" for Eaton Fire, Urges Risk Sharing Beyond Private Market Insurance
Edison acknowledged its equipment likely ignited the deadly Eaton fire while calling on California policymakers to overhaul how catastrophic wildfire losses are shared across the economy, even as the company said it cannot yet estimate its total liability.
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Private Credit Liquidity Never Was the Problem for Insurance. But the Maturity Wall Is
A redemption panic that hit the private-credit market over the past several months is not the insurer/investor problem, according to industry professionals. However, a looming maturity wall is the one private-credit risk a buy-and-hold annuity book can't structure away.
