This paper examines the U.S. commercial mortgage loan (CML) market and U.S. insurers’ investments in CMLs.
Since the financial crisis, for a relatively liquid investment CLOs consistently have had the highest spreads net of capital costs for US life insurers.
Markets, economy, stocks, growth, global, fixed income, international, asset classes
Bond yields remain at or near historic lows around the world, leading to a substantial increase in the value of pension plan liabilities.
NAIC discusses capital framework.
Capital framework discussion from the NAIC 2019 Summer National Meeting.
In this paper, we assess the potential risks associated with such a strategy by stressing capital requirements using spread-implied ratings.
Learn more about J.P. Morgan’s views on fixed income, the economy and markets.
On June 20-21, we attended the 2019 IFRS conference in London to stay informed on important regulatory issues affecting the insurance industry today.