Blackrock survey: expect insurers to shift to environmentally-focused funds

Insurers plan to increase their allocations to private markets to 14% from 11% over the next two years in the hunt for yield, as they add more money to environmentally focused investment funds, according to asset manager BlackRock.

Charles Hatami, global head of the financial institutions group at the world’s largest asset manager, described the trends based on a survey of 362 insurance executives running a collective $27 trillion in assets.

The results showed the insurance industry’s embrace of risk will likely continue even after the easing of interest rate disruptions from the pandemic, Hatami said. In 2019, private market assets accounted for 7% of total allocations, the survey found.

BlackRock manages more than $500 billion on behalf of insurers, or 5% of its total assets of $9.5 trillion.

Alternative assets such as infrastructure, private equity and hedge funds have become more attractive to investors in recent years as central bank money printing kept interest rates low and returns weak in the investment grade bond market.

In all 60% of insurers plan to take on more risk by seeking out higher-yielding assets over the next two years, BlackRock said, the highest level since the company started tracking the information in 2015.

The survey also found that insurers almost uniformly said climate change will have a significant impact on portfolios, and they expect to raise their allocations to sustainable investments by about 30% over the next two years.

According to Hatami, speaking to Reuters, areas like infrastructure and renewable energy projects like windfarms and solar energy have seen much new interest among insurers, who have put money into products like BlackRock’s new Global Infrastructure Debt Fund.

Given the lower liquidity available in private markets, the survey also showed 41% of insurers plan to increase their stock-pile of cash – needed to pay out on everything from house fires to car accidents and personal injury.

Follow us on twitter: @risksEmerging

MobaXterm Professional Edition v21.5.0.4826 Full Activated – Discount 100% OFF https://www.dr-farfar.com/mobaxterm-professional-edition/ #infosec #bugcrowd #bugbountytips #bugbountytip #CyberSecurity #100DaysOfCode #Malware #CodeNewbie #BugHunter #Javascript via @3XS0

Angry employee stole his company’s data, blackmailed the bosses https://cyberiqs.com/angry-employee-stole-his-companys-data-blackmailed-the-bosses-and-dropped-their-stock-by-20-best-example-of-insider-threat/ #infosec #infosecurity #cybersecurity #threatintel #threatintelligence #hacking #cybernews #cyberattack #threathunting #cloudsecurity #cloudcomputing #malware #ransomware #devops #dfir #cyber

An automated solution for background screening of candidates?
We're here. 😉

#MachineLearning #DataScience #5G #100DaysOfCode #Python #Cybersecurity #BigData #AI #IoT #DeepLearning #ArtificialIntelligence #NLP #robots #Industry40 #tech #DEVCommunity
#javascript #TechnoSupport https://twitter.com/HungLee/status/1462711663904362500

Hung Lee@HungLee

'Negative Content' Breakdown

Out of 9708 sampled job seekers who underwent social media background screening (with consent), instances of negative content was distributed as follows 👇

Sexism in the lead, followed closely by Homophobia

USA best quality service http://Usatopservices.com
#buy_google_reviews
#buy_google_5_star_reviews

#pokemon #blacktechtwitter #Cybersecurity #usatopservices #infosec #100DaysOfCode #node #nodejs #coding #js #angularjs #reactjs #tech #javascript #html #womenwhocode #301DaysOfCode

Uganda launches road-building in Congo to boost trade http://reut.rs/3pwWOO2

Former GOP Sen. David Perdue plans to announce Monday that he's mounting a primary challenge against Georgia Gov. Brian Kemp, multiple reports say https://cnn.it/3InqRAj

17 Malware Frameworks Target Air-Gapped Systems for Espionage |
#cyberdefense #cybersecurity #infosec #informationsecurity #datasecurity #insiderthreat #vulnerabilitymanagement #devsecops #endpointsecurity
https://www.securityweek.com/17-malware-frameworks-target-air-gapped-systems-espionage

Didi Global shares plunge more than 20% on plan to delist from NYSE

https://www.business-standard.com/article/international/didi-global-shares-plunge-more-than-20-on-plan-to-delist-from-nyse-121120400065_1.html

#cybersecurity #infosec

Load More...
SHARE: