US lawmakers have voted to push mandatory physical and cyber peril analysis down to the local distribution layer of the energy grid — the part of the network sitting closest to insured exposure.
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.
KKR's Co-CEO defends the private credit illiquidity premium, Moody's maps a $375B- $1 trillion uninsured flood exposure gap that private carriers haven't closed.
