Apr
22
Insurers Take On More Risk in Search of Returns, Study Says
ByInsurance companies just get can’t enough for their money these days. Interest rates are at all-time lows and even the United States stock markets haven’t mustered much steam.
Flush with trillions of dollars, these once staid institutions are taking on bigger, flashier and riskier investments. Consider the latest billion-dollar deal: Among the players behind the 1.5 billion Canadian dollar acquisition of Cirque du Soleil on Monday was Fosun International, the Chinese insurer.
The industry is poised to take on more risk this year, shifting investments into private equity firms, real estate deals and hedge funds, according to a survey of the industry by Goldman Sachs…
Insurers Take On More Risk in Search of Returns, Study Says
