OLDWICK, N.J.--(BUSINESS WIRE)--The U.S. insurance industry continued to reduce its risk appetite for
hedge fund investments, as holdings declined year over year by 8.5% to
$16.4 billion from $17.9 billion in 2016, according to a new A.M.
Best report. The Best’s Special Report, titled, “Insurers and Hedge Funds—The
Pullback Continues,” notes that it was the second straight year that
insurers pulled back from its hedge fund investments.