Insurers See Record Returns With Riskier Bets, NAIC Reports
June 22, 2021 by Steve Morelli
Insurance companies had the best return on assets in 10 years in 2020, despite last year’s volatility and persistent low interest rates, according to a National Association of Insurance Commissioners report.
Carriers made 7.7% on their cash and invested assets in 2020 year over year, totaling $7.5 trillion, on top of a banner 7% they made in 2019, according to an NAIC special report.
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Originally Posted at InsuranceNewsNet on June 15, 2021 by Steve Morelli.
Categories: Industry Articles