Investment returns play an important role in the economics of an insurance company, but an aggressive investment strategy can also create risk. PURE maintains a conservative investment portfolio composed primarily of short-duration, high-credit-quality, fixed-income holdings. These performed reasonably well through a very challenging investment environment in 2018. As a growing company, PURE is continually adding to its investment portfolio and grew its cash and invested assets by $61,320,000.
Dollars in thousands. Numbers may not add up due to rounding.