RT Journal Article
SR Electronic
T1 Got Equities? <em>An Unfulfilled Opportunity for P&amp;C Companies to Improve Ratings and Long-Term Financial Performance</em>
JF The Journal of Investing
FD Institutional Investor Journals
SP 26
OP 32
DO 10.3905/JOI.2009.18.2.026
VO 18
IS 2
A1 William Poutsiaka
A1 Lawrence Pohlman
A1 Patrick Pollard
YR 2009
UL https://pm-research.com/content/18/2/26.abstract
AB A primary reason that insurance companies allocate very small portions of their portfolios to equities is the concern that even modest allocations will reduce their ratings. This article shows that contrary to the conventional wisdom, the highest-rated companies have higher allocations to equities. It provides likely explanations for this relationship of higher allocation to equities and higher ratings.TOPICS: Portfolio management/multi-asset allocation, risk management, exchanges/markets/clearinghouses