Lotte Insurance

Lotte Insurance Co. manages 15 trillion won in assets as of end-2022, with alternative investments accounting for one-third at 5.2 trillion won. The Lotte Group unit plans to maintain the current portion of alternative investment as a whole, while expanding the portion of infrastructure to 20% by next year from the current 15%. It plans to select more than four infrastructure funds within one year. It prefers project-based investment rather than blind pool funds. It targets a 6% return from alternative investments (The firm didn't update its 2022 performance via our survey).