FYI: A recent Greenwich Associates/Invesco study showed about 70% of U.S. insurance companies now use ETFs in their general accounts, with 90% of multiline companies saying they use ETFs in their investments. Property and casualty firms are a close second, at 80%, while 47% of life insurance companies surveyed say they use ETFs in their investments.
Regards,
Ted
https://www.etf.com/publications/etfr/us-insurers-etf-use-rises?nopaging=1