In industry news:

Insurance companies’ interest in alternative assets continued to rise in the second half of 2014, according to a new A.M. Best briefing, which updates a related Best’s Special Report released in June 2014 on Schedule BA investments. This Best’s Briefing, entitled, “Industry Interest in Non-Traditional Assets Continues,” discusses how the growth in Schedule BA reflects insurers’ desire to obtain yield through portfolio diversification away from traditional asset classes, particularly as a long-awaited rise in interest rates failed to materialize in the second half of 2014. A.M. Best reviewed recent year-end 2014 statutory filings against some of the data provided in the June 2014 report.

Read more from A.M. Best here.

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