Page 62 - Annual Report 2020

/ 57 QF CR A ANNU AL REP OR T 2020

DIS TRIBUT ION OF INVES TED AS SET S

2. Composition of investments

1% 1%
3% 4%
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 24% 24%

securities to total investments decreased slightly over the

12-month period ended 31 December 2020 from 96%
to 95%. 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.

72% 71%

T ABLE OF C ONTENT S