Global Atlantic, MassMutual Put 25% of Bond Allocations in Privately Rated Assets: Moody’s
June 25, 2025 by Allison Bell
U.S. life and annuity issuers ended 2024 with $422 billion invested in bonds and other fixed income assets with private letter ratings, according to Manoj Jethani and other analysts at Moody’s Ratings.
The issuers’ allocations to arrangements with private letter ratings amounted to about 11% of their $3.8 trillion in bonds, and about 7.5% of their $5.6 trillion in cash and invested assets.
Originally Posted at Think Advisor on June 20, 2025 by Allison Bell.
Categories: Industry Articles