#354 | SVB, Liquidity & Life Insurance

waves splashing in stormy ocean near boulders and sandy beach

Quick Take The collapse of Silicon Valley Bank has shaken confidence in the financial system and raised questions about whether life insurers could find themselves in a similar situation. At first blush, the data is not comforting. SVB's unrealized capital losses equated to its entire Tier 1 capital, meaning that the bank would be insolvent […]