Carriers Risk Red To Be In The Black, With A Little Bit Of Green

April 27, 2021 by Steve Morelli

Insurers are taking on risky business as they risk a bit of red ink to cope with more than a decade of low interest rates to get more firmly in the black — and adding a dash of green along the way.

Carriers are betting on a boom following the pandemic bust, they are expecting to move more of their cash into riskier assets as economic conditions stabilize and improve, according to Goldman Sachs’ 10th annual survey of carriers, this year’s study covered 286 global insurance company participants, representing more than $13 trillion in assets.

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Originally Posted at InsuranceNewsNet on April 22, 2021 by Steve Morelli.