Julian Morris Cited in Moneywise on Private Credit and Life-Insurer Solvency
Moneywise quoted research by ICLE Senior Scholar Julian Morris and ICLE Academic Affiliate Lawrence Powell in a piece on regulatory scrutiny of life insurers’ private-credit investments. The article referenced their finding that insurers holding more private debt were not financially weaker than their peers and that increases in private-debt exposure were not associated with higher estimated insolvency risk. Read the full Moneywise article here.
Still, others like Julian Morris, a senior scholar with the International Center for Law & Economics and Lawrence Powell, director of the Alabama Center for Insurance Information and Research, co-authored a June paper with the key finding that “insurers holding more private debt are not financially weaker than their peers, and increases in private-debt exposure within firms are not associated with higher estimated insolvency risk during the sample period.”