A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums
https://www.nytimes.com/2023/10/04/business/private-equity-insurance.html
Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying regulators.
https://www.nytimes.com/2023/10/04/business/private-equity-insurance.html
Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying regulators.