US insurance companies transferred $800 billion to offshore accounts over five years.


American insurance companies have moved over $800 billion abroad in the last five years to reduce risks and increase competitiveness in the low interest rate environment. This is reported by a study from Moody's Ratings.
They are forming partnerships and merging with private equity funds and alternative asset managers, even with rising interest rates. More than $75 billion is the result of transactions between insurers and private equity funds, as well as buying and selling of businesses.
These approaches included partnerships and mergers with private equity funds or alternative asset managers - a trend that continues even amidst the current higher interest rates.
These actions allow insurance companies to effectively manage risks and increase their competitiveness. They are adapting to new conditions, optimizing and diversifying their investments to ensure stability and profitability in the market.
This strategy helps insurance companies maintain a competitive edge and avoid significant financial risks in the current conditions of market instability.
Read also
- Dollar exchange rate, deposits, and inflation: expert gives an unfavourable forecast for June
- Pensions 2300 versus 100 thousand Hryvnias: a call in Ukraine to revise the minimum pension
- Ukrainians were told about advantageous transport cards in Poland: how to save on travel
- Medical Examination for Drivers: Ukraine is Radically Changing the System for Obtaining Certificates
- Vegetable prices have noticeably changed: how much do potatoes, cabbage, onions, and carrots cost at the beginning of June
- Payments in June: Ukrainians were told who will receive pensions and sick leave