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US insurer CLO exposure 'relatively small'

Category: CLOs RMBS

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US insurer CLO exposure ‘relatively small’
The NAIC has released stress testing results on US insurers' exposure to CLOs, as of year-end 2020. The stress tests examined the resilience of CLOs under three different scenarios and mirrors findings from the year-end 2019 stress test, wherein normal CLO single-A rated tranches experienced losses under the worst-case scenario.

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