The existing investment environmen...

The existing investment environment, arguably the chiefly perilous in recent memory, perplexs serious challenges to insurers and their asset managers.

High quality fixed-income investments similar as U.S. Treasury securities pay proper yields. The corporate bond market has grown dangerous, with record defaults and many fallen angels. Equity markets, clodhopper sharply, remain uncertain. Stock revert volatility is near record evens The property/casualty insurance sector is suffering from global capacity constraints. Large losse in 2001 and three years of equity-market declines have mov the market from a position of exces capacity to undivided of severe capacity shortage. The life sector also is