Life insurers step up AI infrastructure investment: Exposure is manageable for now, but growth is changing the risk profile
Barclays estimates that digital infrastructure accounts for about 1.4% of the sampled life insurers’ bond portfolios, but purchases accelerated in the first half of 2026. Higher yields and new financing supply could drive allocations further upward, while bringing concentration, refinancing and collateral-value risks.
Barclays ·