6% of insurance companies are interested in cryptocurrencies

The American investment banking giant Goldman Sachs conducted a survey among global insurance companies and it turned out that 6% of them invested or want to invest in cryptocurrencies.

According to the head of Goldman Sachs insurance asset management Mike Siegel (Mike Siegel), the survey involved 328 financial and investment directors of insurance companies around the world. In total, these companies make up about half of the global insurance industry. And 6% of respondents expressed interest in investing in digital assets.

“This is the first time we have asked about the attitude towards cryptocurrencies. I thought there wouldn’t be a single respondent interested in digital assets at all, but I was surprised. An impressive 6% of respondents said that they have either already invested in cryptocurrencies or are considering this issue, “said Siegel.

Most of all, representatives of American insurance companies are interested in investments in digital assets – 11%. In Asia, interest is less pronounced – 6% of respondents answered in the affirmative. And Europeans are the most conservative – only 1% of respondents expressed interest in cryptocurrencies. At the same time, at the moment, about 2% of insurance companies have invested in cryptocurrencies.

“We asked some additional questions and realized that the management of companies interested in cryptocurrencies does this to understand the market and infrastructure. At the same time, if cryptocurrencies become a means of payment, then they want to be able to sell insurance policies for digital currency and accept contributions in cryptocurrencies, as they do now in fiat currencies, “Siegel added.

According to the study, 16% of respondents believe that cryptocurrencies have no prospects and will give the smallest profit over the next year. Earlier, analysts of the Bitstamp platform said that most investors expect the displacement of traditional assets by the rapidly expanding cryptocurrency market.