“Despite the challenge ahead for insurers as they navigate the new investment landscape, responses to our survey highlight the opportunities available in both public and private markets,” Mark Erickson, global head of BlackRock’s financial institutions group, said in a release. “In order to take advantage of these, insurers are considering a flexible investment approach and robust risk management framework, enabled by technology.” Credit: Olivier Le Moal/Adobe Stock “Despite the challenge ahead for insurers as they navigate the new investment landscape, responses to our survey highlight the opportunities available in both public and private markets,” Mark Erickson, global head of BlackRock’s financial institutions group, said in a release. “In order to take advantage of these, insurers are considering a flexible investment approach and robust risk management framework, enabled by technology.” Credit: Olivier Le Moal/Adobe Stock

In an effort to overcome macroeconomic challenges, around 60% of insurers are focusing strategic asset allocation on flexibility and new investment opportunities, according to a survey of global insurance investors by BlackRock, Inc.

“This year’s global insurance report comes in the second post-COVID year, amid five structural mega forces affecting the macro outlook: the aging population; the transition to a low-carbon economy; global fragmentation; the changing roles of banks and non-bank financial institutions; and digital disruption,” Charles Hatami, global head of BlackRock’s financial and strategic investors group, said in a release. These factors, coupled with upcoming changes to insurance regulations and accounting regimes, create new challenges and opportunities for chief investment officers and other investors.”

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected].  

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