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Geopolitical··Severity 6

UK pension insurers raise exposure to opaque private credit

S&P warns on hard-to-price private assets that make up more than 10% of portfolios at L&G, Standard Life and Just Group

Scenario chain

Probabilities below are model estimates based on the event chain, horizon, and indicators. They are not outcome guarantees, investment advice, or emergency instructions.

A

Эскалация

40%

Forecast derived from cascade analysis. Watch confirmation indicators below.

Primary source: FT World

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