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Income Insurance warns of falling standards in private credit

A senior executive at the Singaporean insurer has said the sector’s rapid growth is leading to less rigorous analysis among some managers.
Income Insurance warns of falling standards in private credit

The rapid growth of assets under management (AUM) in private credit is leading to deteriorating standards among some managers, and increasing the challenges for insurers to select the best ones, according to a senior executive at Singapore’s fourth-largest insurer. 

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