Insurers add in offshore credit, eye private debt

Life insurers operating in Asia are increasingly diversifying into credit to extend duration on the asset book and help meet their liabilities given the low interest-rate environment, a panel of chief investment officers at insurance companies in Asia told an AsianInvestor conference last week. They are also eyeing private debt, with a view to capitalising on opportunities and filling the void in areas such as lending presented by tighter banking regulation, heard the Insurance In…