Aug 7, 2026 · 1 hr 8 min · 13 segments
Millions of life insurance policies are tied to the fortunes and speculation of the world's biggest private equity companies. Now, their risk of defaulting on their obligations is increasing, and some…
Andrew GranatoGuestTeddy DowneyHost
Pranjal DrallGuest
Arjun SinghHost
Hey, everyone, and welcome to Second Request, the Capital Forums podcast where we explore solutions to monopoly problems.
So some of you listening might know that in addition to Second Request, we put out an investigative series called TCF Investigates.
A few months ago, my colleague Lisa Epstein and I did this really interesting episode where we looked at the case of a Connecticut insurance company that completely went under because of bad investments.
And that cost thousands of people to lose the life insurance policies that they had paid into.
Over the last decade, private insurance companies have aggressively moved into the life insurance sector, buying up companies and then using those payments on the premiums to fuel investments in their own portfolio.
So today, Teddy's going to sit down with Andrew Granato and Pranjal Draal, two researchers who have done a deep dive into this specific issue and the risks associated with that.
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Hey, everyone, and welcome to Second Request, the Capital Forums podcast where we explore solutions to monopoly problems.
So some of you listening might know that in addition to Second Request, we put out an investigative series called TCF Investigates.
A few months ago, my colleague Lisa Epstein and I did this really interesting episode where we looked at the case of a Connecticut insurance company that completely went under because of bad investments.
And that cost thousands of people to lose the life insurance policies that they had paid into.
Over the last decade, private insurance companies have aggressively moved into the life insurance sector, buying up companies and then using those payments on the premiums to fuel investments in their own portfolio.
So today, Teddy's going to sit down with Andrew Granato and Pranjal Draal, two researchers who have done a deep dive into this specific issue and the risks associated with that.