In this paper, we assess the potential risks associated with such a strategy by stressing capital requirements using spread-implied ratings.
Is the gap closing between US equity returns and the rest of the world���s?
Markets, economy, stocks, growth, global, fixed income, international, asset classes
Themes and implications from the Global Fixed Income, Currency & Commodities Investment Quarterly
The key political, macro and credit risks that insurers may want to address in 2019.
Reaching for yield, which we define as buying bonds with wider spreads after controlling for sector and rating impacts, is a topic that frequently arises in the life insurance industry.