FYI: When it comes to institutional investors embracing ETFs, the good news is that insurance companies are using more ETFs in general accounts than they ever have before, and most are looking to increase that allocation in years ahead.
The bad news is that almost 40% of insurers have yet to jump into—or return to—ETFs. A recent Greenwich Associates and State Street Global Advisors survey of 52 insurance companies commanding about $1.9 trillion in combined assets found that 20% of insurers have evaluated or used ETFs at some point in the past, but no longer do. Another 20% of them have never even considered the exchange-traded wrapper.
Regards,
Ted A.K.A. Night Owl
https://www.etf.com/sections/features-and-news/how-insurance-cos-use-etfs?nopaging=1