APAC insurers turn to private debt to combat inflation, regulatory changes

Insurance companies in Asia Pacific are increasingly looking to private debt to find attractive investments in an economy spooked by high inflation, rising interest rates and fears of a recession. That's according to BlackRock’s annual Global Insurance Report released September 28. The report showed that 89% of Asia-Pacific insurers surveyed said they are going to increase allocations to private markets, and are prioritizing private lending with 62% planning to boost their allocat…