Jeroen Blokland warns pension and banking crises reveal deeper financial risks. Lower liabilities do not ease balance sheet stress, citing the U.K. LDI shock, t

Jeroen Blokland warns pension and banking crises reveal deeper financial risks. Lower liabilities do not ease balance sheet stress, citing the U.K. LDI shock, the U.S. regional bank crisis, and nearly $100B in paper losses at Japan’s top 4 insurers.