European insurance companies shift to equities for higher returns
The largest European insurance companies have increased their level of investment risk over the last seven years.
Europe's largest insurance companies have moved EUR 200 billion from fixed-income investments to equities in their search for higher returns, a new analysis from the rating bureau AM Best shows. The analysis is based on 500 annual statements of western and northern Europe's largest insurance companies, which invested a total of EUR 8 billion, according to Financial Times.
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