In hunt for yield, US insurers turn to illiquid assets

Insurance companies in the US have increased the share of their investment portfolios allocated to long-term and illiquid assets such as mortgages, loans, private equity and hedge funds over the last eight years, data published by the National Association of Insurance Commissioners (NAIC) finds.

The industry’s total exposure to mortgages has grown by 72%, from $321.8 billion to $555 billion, between end-2010 and end-2018. Loans have risen by 5% to $132.2 billion from $126.3 billion, while other

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: