DBRS Morningstar Looks at What CLOs Could Do to Annuities

July 6, 2023 by Allison Bell

Credit rating analysts at DBRS Morningstar think that the collateralized loan obligations (CLOs) in life and annuity issuers’ investment portfolios will probably continue to do well, but they’re curious to see how CLOs will perform the next time borrowers run into trouble.

Patrick Douville and other analysts at the firm talk about CLOs in a commentary, posted behind a paywall, about the possibility that the National Association of Insurance Commissioners could change the rules it uses to grade CLOs and other assets for safety.

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Originally Posted at ThinkAdvsior on June 29, 2023 by Allison Bell.