This content was published on <\/p>\n
May 13, 2026 – 12:30\n<\/p>\n
(Bloomberg) \u2014 Zurich Insurance Group AG said it sees \u201cno signs of impairment or declines in quality\u201d in its private credit investments, which amount to roughly $10 billion invested across senior corporate lending, mid-market loans and infrastructure debt.<\/p>\n
Zurich is \u201cnot concerned\u201d about its position but is also \u201cnot seeking to increase it,\u201d Chief Financial Officer Claudia Cordioli said in a call with media Wednesday. Roughly 5% of the insurer\u2019s portfolio is invested in private credit, she said, describing the firm\u2019s exposure as \u201cstable and well diversified across geographies and sectors.\u201d<\/p>\n
The $1.8 trillion private credit market, which surged in the wake of the 2008 financial crisis, has been facing fund redemptions and negative sentiment due in part to concerns about overspending on artificial intelligence, the technology\u2019s disruptive power and lending standards more broadly.<\/p>\n
On Tuesday Munich Re said it has investments of as much as \u20ac2.5 billion ($2.9 billion) in the asset class, about 1% of the group\u2019s asset portfolio.<\/p>\n
Hannover Rueck SE, another German reinsurer, said Monday that its exposure to private credit funds is around 1% of its assets under management. When including direct infrastructure debt and highly rated CLOs, it\u2019s ranging in the low single-digit billion euros, the company said.<\/p>\n
Allianz SE has disclosed \u20ac141 billion in exposure, of which 17%, or about \u20ac24 billion, was in areas such as middle market lending at the end of last year.<\/p>\n
\u00a92026 Bloomberg L.P.<\/p>\n","protected":false},"excerpt":{"rendered":"This content was published on May 13, 2026 – 12:30 (Bloomberg) \u2014 Zurich Insurance Group AG said it…\n","protected":false},"author":2,"featured_media":1572,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[1990,1991,51],"class_list":{"0":"post-64876","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-zurich","8":"tag-business-general","9":"tag-ticker","10":"tag-zurich"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116569005471362295","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/64876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=64876"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/64876\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/1572"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=64876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=64876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=64876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}