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A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums

October 04, 2023

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Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying regulators.

By Maureen Farrell | NYTimes | NYT > Business | Disclosure

Apollo was the first to use annuities to build a major financing business. Others followed driving the growth of the private lending market and worrying regulators. NYT NYT > Business NYTimes

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A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums

Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying regulators.

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