Page 60 - Annual Report 2019
P. 60
57 ANNUAL REPORT 2019 SUPERVISION AND AUTHORISATION
2. Composition of investments
December 2019 December 2018
1%
4% 4%
4%
20% 72% 50% 45%
Cash & bank balances Fixed maturities Equity investments Other investments
Total investments were dominated by cash & bank balances and fixed-interest securities with no real estate
investments. The proportion of cash & bank balances and fixed-interest securities to total investments
decreased slightly over the 12-month period ending 31 December 2019 from 95% to 92%.
QFC insurers are expected to maintain a high proportion of their investments in liquid assets given the short-term
nature of the firms’ insurance liabilities, which are predominantly motor and medical insurance-related.
