Private equity insurance investors facing higher capital charges for CLOs

March 28, 2023 by John Hilton

State insurance regulators held a robust discussion Thursday on an interim proposal to increase capital charges for private equity backed insurers who invest in riskier collateralized loan obligations (CLOs).

They found no agreement and ended the spring meeting session seemingly no closer to a decision.

The Risk-Based Capital Investment Risk and Evaluation Working Group devoted most of their hour-long session to the proposal to increase capital charges for the riskiest elements of CLOs by 50% in the interim.

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Originally Posted at InsuranceNewsNet on March 24, 203 by John Hilton.