U.S. property/casualty insurers’ investment position in other alternative investments as reported is concentrated within a few large insurers and is relatively stable as a percentage of invested assets for the last several years. Also, the attraction to alternative investments, including hedge funds, private equity investments and limited partnerships, may be waning as higher interest rates make fixed income yield more attractive, and equity markets outperformed many alternative asset classes recently. In a new report, “U.S.