Treasury said the talks addressed increasingly complex links between insurers and private credit firms, an area drawing heightened attention from regulators.
The meeting signals broader concern over how alternative asset managers' growing role in insurance could affect reserve practices, transparency and financial stability.
With credit ratings called 'too generous,' what ticking time bombs are hidden inside insurers' trillion-dollar off-shore portfolios?
Is the global regulatory crackdown an overreaction that will stifle the private credit market's vital role in funding businesses?