Leave your feedback Share Copy URL https://mypepack.gophersport.com/video/?vid=zPoMdRjH5Lr Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Why private credit got entangled with insurance [PO8bTdgVrJk] Health Updated on August 09, 2026 EDT — Published on August 09, 2026 EDT Insurers have quietly become a major driver of the private credit boom, changing the insurance industry itself and raising a number of questions about risk and regulation. Andrew Granato and Pranjal Drall, authors of a new paper, “Private Credit's State Backstop: How Private Equity Socializes Risk Through Insurers," tell Tracy Alloway and Joe Weisenthal how both sides benefit from the partnership and why taxpayers might ultimately be on the hook. Listen to the Odd Lots podcast at bit.ly/3PsKJKY or watch at Bloomberg.com/video. Xs1km1z8fYX 9kOARLh83xA yRRvnwrmxRz 0EuSRLMOreR fri4Vf9xrnp EJeJEmFlcWI
Insurers have quietly become a major driver of the private credit boom, changing the insurance industry itself and raising a number of questions about risk and regulation. Andrew Granato and Pranjal Drall, authors of a new paper, “Private Credit's State Backstop: How Private Equity Socializes Risk Through Insurers," tell Tracy Alloway and Joe Weisenthal how both sides benefit from the partnership and why taxpayers might ultimately be on the hook. Listen to the Odd Lots podcast at bit.ly/3PsKJKY or watch at Bloomberg.com/video. Xs1km1z8fYX 9kOARLh83xA yRRvnwrmxRz 0EuSRLMOreR fri4Vf9xrnp EJeJEmFlcWI