{"id":59721,"date":"2017-08-30T08:36:33","date_gmt":"2017-08-30T12:36:33","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=59721"},"modified":"2017-08-30T08:36:33","modified_gmt":"2017-08-30T12:36:33","slug":"blackrock-finds-5-trillion-industry-is-now-riskier-than-in-08","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2017\/blackrock-finds-5-trillion-industry-is-now-riskier-than-in-08.html","title":{"rendered":"BlackRock Finds $5 Trillion Industry Is Now Riskier Than in &#8217;08"},"content":{"rendered":"<p>\n(Bloomberg) Insurers got burned badly in the 2008 financial crisis. So almost a decade later, BlackRock Inc. scoured the industry\u2019s $5 trillion in U.S. investments to figure out how they would fare if markets crash so hard again.   The answer: Worse.   The world\u2019s largest money manager mined regulatory filings of more than 500 insurance companies and modeled their portfolios in a similar downturn. Their stockpiles &#8212; underpinning obligations to policyholders across the nation &#8212; would drop by 11 percent on average, according to its calculations. That\u2019s significantly steeper, BlackRock estimates, than the group\u2019s \u201cmark-to-market\u201d losses during the depths of the crisis.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-08-29\/blackrock-finds-5-trillion-industry-poses-more-risk-than-in-08\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Insurers got burned badly in the 2008 financial crisis. So almost a decade later, BlackRock Inc. scoured the industry\u2019s $5 trillion in U.S. investments to figure out how they would fare if markets crash so hard again. The answer: [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-59721","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=59721"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59721\/revisions"}],"predecessor-version":[{"id":59722,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59721\/revisions\/59722"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=59721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=59721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=59721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}