Private credit's push into P&C shows early signs of price dislocations in some lines: PwC's Friedman

By Isha Marathe

Published: Tue 31 Mar 2026

Private credit is expanding into pockets of the property and casualty market through sidecar vehicles and investment mandates, creating early pricing differences between insurers deploying higher-yielding assets and those relying on traditional bond portfolios, said PwC's U.S. insurance deals leader Mark Friedman.