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Pranjal Drall

Pranjal Drall is a JD-PhD candidate in Financial Economics at Yale. His research is in corporate finance, bankruptcy and financial regulation with a focus on information frictions in asset valuation.
ESG, Corporate Governance & Future of the Firm

Private Equity Is Buying Life Insurers, and the Public Bears the Heightened Risk.

Pranjal Drall
In new research, Pranjal Drall and Andrew Granato argue that the move of private equity firms into life insurance has increased the probability that insurers will go insolvent. If they do, under an obscure system of insurance guaranty funds, the losses will spread out beyond the insolvent insurer’s creditors to other insurers and, ultimately, taxpayers. 

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The publication of the Stigler Center at The University of Chicago Booth School of Business

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