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U.S. Insurance Company Investment Strategies in an Economic Downturn

Research Projects – Finance/Investment

The Committee on Finance Research is pleased to make available a research report exploring insurance company investment strategies. To review insurer investment practices, background trend information was generated and a survey developed for insurers of various sizes and types. A total of 39 responses were received from life, health, and property/casualty insurers. The research included conversations in various forums. The report was authored by Max Rudolph of Rudolph Financial Consulting, LLC in collaboration with Rick Beard and Marc Tourville of Cardinal Investment Advisors.


U.S. Insurance Company Investment Strategies in an Economic Downturn


If you have any questions or comments regarding the report, please contact Steve Siegel, Research Actuary at

Thank You

The Investment Section would like to thank the following individuals for their input and review:
  • George Eknaian
  • Jack Nelson
  • Jackie Griffin
  • John Gauthier
  • John Maginn
  • Peter Gunder
  • Robert Lamarche
  • Steve Marco
  • Tamara Burden
  • Steve Siegel, SOA Research Actuary
  • Barbara Scott, SOA Research Administrator