Intelligence: Impact of Covid-19 on insurance investments
The economic crisis caused by Covid-19 has been compared to the 2008 financial crisis by economists. With the Bank of England lowering the interest rate from 0.75% to 0.1%, Post finds out what investment themes have emerged in the recent months, and what steps insurers are taking to position themselves for a prolonged period of low interest rates
The initial impact of the pandemic at the start of the outbreak led to a period of “de-risking by insurers, mainly from equities but also some sectors in credit”, according to Moiz Khan, investment
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