"Too Much Capital, Too Little Return": The State of Insurance
- The State of Insurance [3:16]
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The companies that make up the global insurance industry possess over $25 trillion in assets, and earning returns on this asset base is critical to meeting claims and keeping the cost of premiums down for customers. Mike Siegel, global head of Insurance Asset Management within Goldman Sachs Asset Management (GSAM), discusses the state of the global insurance industry and concerns industry leaders have about finding adequate returns in the current low-yield environment.