Which Insurers Are The Most Exposed To Alternatives?
Alternatives don’t make up a particularly large percentage of insurance companies’ portfolios, but in a deep dive of Schedule BA investments, Sterne Agee analysts John Nadel, Wesley Carmichael, and Michael Ward found that alt exposure goes as high as a quarter of GAAP equity.
Insurers with highest exposure to riskier alternatives
“As a percentage of GAAP equity the exposures are in some cases material. Companies with the highest exposure to "riskier" alternatives . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.