LATEST INSIGHTS TO STAY ON TOP OF THE MARKETS

Spread-Implied Ratings: Implications for insurance capital requirements

October 16, 2019

In this paper, we quantify the risk present in insurers’ corporate bond portfolios and assess the industry’s preparedness for a credit market downturn.

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The Life Insurance Search for Yield - An Analysis of Recent Purchases

August 2, 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.

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Life insurance CLO allocations

May 31, 2019

Since the financial crisis, for a relatively liquid investment CLOs consistently have had the highest spreads net of capital costs for US life insurers.

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