A growing cohort of property and casualty (P&C) insurers is increasing allocations to private markets – including private equity, real estate and hedge fund strategies – even as some traditional institutional investors slow commitments and reassess expected returns.
While exposure to illiquid assets has long been a feature of life insurer balance sheets, new data from S&P Global Market Intelligence shows that general insurers such as Allstate, Liberty Mutual and Nationwide have maintaine...
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