November 21, 2023 (NO COMMENTS)

Options trading by US life insurers surged 21% in the second quarter, pushing the sector’s total exposure to $1.3 trillion in notional terms – the highest level since’s Counterparty Radar service began tracking this data in early 2022. Life insurers added $223 billion notional of options positions in the reporting period. KKR-owned Global Atlantic led the way, with $78 billion in new positions, taking its book to roughly $185 billion – a 73% jump compared to the previous quarter. Lin