US insurers’ purchases of RMBS top $1.2 billion
September 12, 2013 by Warren S. Hersch
U.S. insurers spent an aggregate $1.21 billion on residential mortgage-backed securities issued by 18 trusts in the first half of 2013, new research reveals.
SNL Financial discloses this finding in a report based on quarterly statutory statements filed by the insurers with the National Association of Insurance Commissioners. The transactions appear in Schedule D, Part 3 of the quarterly statements.
Originally Posted at LifeHealthPro on September 11, 2013 by Warren S. Hersch.
Categories: Industry Articles
