sigma 05/2010 Insurance investment in a challenging global environment

The two market collapses of the past decade have spurred many insurers to rethink their approach to investing. When markets rise rapidly and steadily, seeing only short term dips, as in the 1990s, it becomes easy to confuse investment savvy with a bull market. But the recent market turmoil has forced many insurers to reassess their investment and risk management capabilities.