NU Online News Service, Jan. 25, 11:18 a.m. – The American Council of Life Insurers, Washington, predicts life insurers will invest $29 billion in commercial mortgages this year, 8% more than they pumped into the market in 2001.
Total commercial mortage holdings could increase 6%, to $230 billion, ACLI says.
The estimates are based on a survey of 23 life insurers that are active in the commercial mortgage market.