Hedge funds remain an option for some insurers, says new report Submitted 16/06/2021 - 9:01am The life/annuity and property/casualty insurance segments increased their exposures to hedge funds in 2020, leading to an overall 6 per cent increase in insurance industry investments, according to the latest AM Best report. The new Best’s Special Report, “Hedge Funds Remain an Option for Some Insurers,” notes that during 2020 the hedge fund market did not fall as far as the public markets and recovered more quickly and efficiently.