3 July 2009 00:21
McNeice also considered the use of defaults among group insurance and found high use of defaults across a range of age groups. Of the 210 survey respondents, half of those in their 30s relied on the default level of insurance cover but when asked if they believed this cover was sufficient, only 45 per cent of those in their 30s said ‘yes’.
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Global equities have driven most of MLC’s FY26 return so far, but its exposures to insurance-linked securities and “esoteric” credit have also put in the hard yards and helped the fund diversify beyond the AI thematic, according to chief investment officer Dan Farmer.
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