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Monday, December 4, 2023

Why the debt ceiling standoff is a worry for insurance companies

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Banks and insurance companies still have time to come to grips with their commercial real-estate exposure, but the clock is ticking on the debt-ceiling standoff, said Rich Sega, global chief investment strategist at Conning.

“We are still in the early days on that,” Sega said of potential stress from a weakening commercial real-estate market. “We don’t see any immediate problems.”



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