Direct Line is a major UK insurer.
https://www.directlinegroup.com/
It collects in insurance premiums, and pays out on claims. The insurance premiums are invested.
What are these investments ?
Investment-grade credit 3,893.1 million
High-yield 388.6 million
Investment-grade private placements 103.6 million
Sovereign 224.8 million
Total debt securities 4,610.1 million
Infrastructure debt 316.4 million
Commercial real estate loans 169.0 million
Cash and cash equivalents3 1,304.5 million
Investment property 309.3 million
Total Group £6,709.3 million
Note, no equity investments.
http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?csi=2773867
A yield of 6.1%