Episode 124: What’s Keeping Insurers Up at Night?

07 MAY 2019

07 MAY 2019 - The findings of Goldman Sachs Asset Management’s (GSAM) annual insurance survey are in, and insurance companies generally believe that US markets are in late stages of the economic cycle. Of the companies surveyed,  84% indicated that the US will see a recession within the next three years, but only 2% think that the recession will come this year, explains GSAM’s Mike Siegel. Given these views, along with the current environment of high equity valuations and low bond yields, the key consideration on insurers’ minds, Siegel says, is “where to safely deploy their capital in order to get a decent return.”      

Read the 2019 GSAM Insurance Asset Management Survey, Cautiously Opportunistic.

 

 

 

This podcast was recorded on April 26, 2019

 

 

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