Life insurers extend the chase for alternative assets

Life insurance companies in the Asia Pacific are set to extend the pursuit of alternative investments, with a focus on long-duration assets. This is to further diversify their portfolio and hedge against inflation while adding asset duration to address the mismatch between assets and liabilities, industry experts said. Rick Wei,  JP Morgan AM “Asia-Pacific insurers plan to increase allocation to risk assets in 2023 after unprecedented volatilities experienced in 2022…