Ex-Apollo Risk Chief Warns New Life Insurers Vulnerable in Market Downturn
The Quick Take — AI synthesis of 1 sources covering this story.
- Chak Raghunathan, former Apollo risk chief, warns some new life insurers face stress in a downturn
- Concern centres on heavy reliance on untested private credit assets on insurer balance sheets
- Newer savings products flagged as vulnerable to mass withdrawals under market stress conditions
- No specific market price reaction cited; risk is forward-looking and tied to a future downturn scenario
- Global insurers and Asian l
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