Insurers to increase scrutiny of investment portfolios after SVB collapse: Moody’s
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Insurers to increase scrutiny of investment portfolios after SVB collapse: Moody’s

Silicon Valley Bank SVB branch.jpg

Insurers are likely to monitor their investment portfolios more closely in the wake of Silicon Valley Bank’s (SVB) collapse, although European carriers’ exposure to US banks is low, according to Moody’s senior VP analyst Benjamin Serra.

While insurers’ investment portfolios are unlikely to take material hits from the collapse, they will now be keeping a much closer eye on their portfolios and perhaps scale back their illiquidity appetite, which has been rising in recent years,...

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