BlackRock sees worse losses than 2008 should market crash
NEW YORK: Insurers got burned badly in the 2008 financial crisis. So almost a decade later, BlackRock Inc scoured the industry’s US$5 trillion in US investments to figure out how they would fare if markets were to crash so hard again.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!