Kathmandu. Insurance asset managers are moving at a rapid pace to build exposure to digital assets. According to a global study by Brava Finance, 92 per cent of those surveyed already have or are developing a digital asset strategy. <\/p>\n
The study, which surveyed 25 insurance asset managers in the US, UK, Singapore, Hong Kong and some markets in Europe, found that 88 per cent now see digital asset adoption as a strategic priority. More than half, or 52 per cent, said digital assets were a top priority for companies. <\/p>\n
Most respondents already have some exposure. About 88 percent said they have digital assets in their portfolio. Of those, 44 per cent hold between 1 per cent and 2 per cent and 36 per cent hold between 2 per cent and 5 per cent. <\/p>\n
According to all respondents, they plan to increase their share of digital assets in the next 12 months. About 44 percent expect their share to increase from 5 percent to 10 percent. Another 44 percent plan to increase their exposure by 10 percent to 25 percent. <\/p>\n
Digital assets are increasingly seen as a diversification tool. During the study, 92 percent of insurance asset managers said it was an effective way to diversify their portfolios. <\/p>\n
The main reasons include the possibility of improving risk-adjusted returns, while 72 per cent said it was the search for another source of yield. <\/p>\n
Bitcoin’s recent record valuation was a trigger for many firms. During the study, 96 percent said that they have started a new discussion about digital assets. Concerns about instability remain, they said. <\/p>\n
Almost all respondents, or 96 percent, expressed concern about bitcoin falling from its current high. Of those, 88 per cent are encouraged to consider other digital assets such as stablecoins, the report said. <\/p>\n
The study found that the biggest challenges to widespread adoption are security, regulatory uncertainty, market volatility and reputational risks. Internal difficulties are also significant, especially with concerns about government approvals, unclear operating procedures and vendor credibility. \u2013Agency<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Insurance asset managers are moving at a rapid pace to build exposure to digital assets. According to a global study by Brava Finance, 92 per cent of those surveyed already have or are developing a digital asset strategy. The study, which surveyed 25 insurance asset managers in the US, UK, Singapore, Hong Kong and […]<\/p>\n","protected":false},"author":16,"featured_media":282376,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45044,45159],"tags":[],"class_list":["post-282436","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-international-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/282436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=282436"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/282436\/revisions"}],"predecessor-version":[{"id":282437,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/282436\/revisions\/282437"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/282376"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=282436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=282436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=282436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}