So moving away from the traditional bonds, common stock, traditional investments that life insurers in particular had held on their balance sheets to More what we kind of generally call alternative investments now, asset backed securities, more structured products overall, less liquid, more complex. And of course as part of that, we also saw more private equity companies moving into the insurance space over the last 10 years or so, partly because they obviously … (21:03–21:17)
CLAIM
Asserts that insurers are investing more in alternative investments, including asset-backed securities and structured products.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
