Life insurers to seek stable returns in alts... and derivatives

The tumult of the coronavirus outbreak is endangering the health of life insurance company balance sheets and could well cause them to accelerate plans to invest in private assets, say fund manager executives. Others argue that life insurers should use derivatives when investing in stocks too, to reduce their downside risk. As the partial closure of economies across the world continues, the economic impact has resulted in sharply lower stock valuations and the likelihood of a ri…