Debt ceiling standoff: How much US debt does the P&C industry own, and should we be concerned?
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Debt ceiling standoff: How much US debt does the P&C industry own, and should we be concerned?

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala
May 22, 2023
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Select P&C insurers with large exposure to US federal government issued bonds as of 2022.png

When you think about debt and defaults, your first thought process centers around personal bankruptcies or celebrity bankruptcies such as Mike Tyson or MC Hammer.

You might even think of famous corporate defaults such as Chrysler or Enron. Very rarely does one think about the beacon of the free world and bedrock of the global financial system defaulting on its debt obligations.

So,

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Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala
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