Moody's: US life insurers hold $807 billion in the least liquid credit assets

According to a report released on Monday, by the end of 2025, such assets will account for 20% of the life insurance industry's $4 trillion fixed income investment portfolio, up from 18% the previous year. The securities involved in the data calculation have Private Letter Ratings (PLR), but have not received an official rating from a third-party agency or cannot be valued based on observable market prices.