Video: Asset finance next for yield-hungry insurers
Eric Viet of Societe Generale talked at the recent Insurance Risk Awards about his expectations for direct lending by insurers, and about how politicians and policy-makers might help encourage further activity
Insurers will continue to invest in increasingly specialised asset classes as they seek to diversify and generate yield, according to Eric Viet, head of financial institution advisory at Societe Generale, who spoke to Risk.net at the Insurance Risk Awards in London on November 13.
"I expect some insurance companies to venture into other types of lending, such as asset-based financing, aircraft, maybe even shipping at some point," Viet said. Low interest rates are forcing insurers to diversify
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