Julian Morris on Life-Insurer Private Credit

Julian Morris July 30, 2026

The Unicus Investor cited an ICLE TL;DR by ICLE Senior Scholar Julian Morris and Academic Affiliate Lawrence Powell in a piece examining private credit held by life insurers. The article contrasted ICLE’s findings on the scale of private-credit exposure and estimated insolvency risk with concerns about affiliated investments, illiquidity, and the limits of duration matching.

Read the full Unicus Investor piece here.   Read the ICLE TL;DR here.