Asian insurers pouring into illiquid assets

Insurance firms in Asia Pacific are moving more quickly into private-market assets than their North American peers as they look to boost risk exposure and diversification, according to BlackRock survey findings* to be released today. At the same time, they are partnering less with asset managers for core fixed income investments than they used to, and less than their peers globally. Almost one in two insurers in the region (45%) intend to raise their allocation to more than 15% …