LATEST INSIGHTS TO STAY ON TOP OF THE MARKETS
Spread-Implied Ratings: Implications for insurance capital requirementsOctober 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.
The Life Insurance Search for Yield - An Analysis of Recent PurchasesAugust 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.
Life insurance CLO allocationsMay 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.