• ESG investing is getting more attention from insurance companies, with 40 percent of respondents saying they take environmental, social and corporate governance issues into account when making investments, up from 32 percent a year ago.
• The insurance industry continues to embrace big data and artificial intelligence, with 15 percent of global insurers using it in their portfolios and 40 percent considering implementing it in the future.
• Insurers seem to be taking a wait-and-see approach to cryptocurrencies. They “currently do not play a role in the investment portfolio, yet a third of companies feel it is too early to determine if there is a role for cryptocurrencies," the report said.
GSAM received 300 responses from CIOs and CFOs across life, property and casualty, multi-line, reinsurance and health insurers, representing more than $10 trillion in global balance sheet assets, the company said.