Insurers See Themselves Shielded From Private Credit Worries

Top executives at some of Europe’s biggest insurance companies acknowledged widespread concern about private credit while seeking to reassure investors about their own investments in the asset class.Markets are worried “that when things don’t go well in the economy, there could be some fallout from private credit,” AXA SA Chief Executive Officer Thomas Buberl said Thursday on Bloomberg TV. Buberl also said that AXA’s exposure to the asset class is “far below” that of the competition because the firm had bee ...