TMCnet News

A.M.BestTV: Insurers Explore New Paths to Asset Management
[July 01, 2015]

A.M.BestTV: Insurers Explore New Paths to Asset Management


This A.M.BestTV episode examines how insurers are searching for growth and better yields through new investment opportunities via asset managers, private placements and global venues. Click on http://www.ambest.com/v.asp?v=asset615 to view the video program.

Insurers are increasingly looking to outsource part of their investment assets.

According to A.M. Best's Assistant Vice President of Industry Research & Analysis Ken Johnson: "Insurers are outsourcing specific targets, such as, private placements and equities, hedge funds and sometimes buying pieces of real estate, rather than their full portfolios. Companies are taking these actions because of having to continue to battle with this low yield environment."

The Insurance Investment Outsourcing Report states that "global outsourced insurance assets under management increased by 10.9% during 2014 to $1.41 trillion across 38 companies." In addition, outside insurance asset managers are expanding their strategies as a result of persistently low interest rates.

"The real change is the need for insurance investors to look for new places to find income and value on a forward basis," said Woody Bradford, president and chief executive officer at Conning. "Finding these new places will help companies with their portfolios as this is a real big shift for them. At Conning, as elsewhere, we are pursuing a path of globalization to increase the value of our company and what we can offer to our clients."

Recent episodes of A.M.BestTV include:

  • Captive Proponents Push to Clarify Premium Tax Issue: Two senators recently reintroduced legislation that proposes to amend the Nonadmitted and Reinsuranc Reform Act of 2010, which determines how surplus lines taxes are paid by nonadmitted insurers: http://www.ambest.com/v.asp?v=nrra615.
  • AXIS' CEO and PartnerRe's Chairman Tout Benefits of Announced Merger: A recent interview given by Albert Benchimol, president and chief executive officer at AXIS Capital Holdings Limited and Jean-Paul Montupet, chairman at PartnerRe Ltd, concerning the proposed merger between their two companies: http://www.ambest.com/v.asp?v=ap615.
  • Insurers Warn of Looming Talent Gap: Highlights from the Insurance Industry Charitable Foundation's Women in Insurance Global Conference in New York, NY, where insurers said the insurance workforce is aging without an adequate influx of younger management talent: http://www.ambest.com/v.asp?v=iicf615.
  • Cyber Coverage Continues to Evolve: This recent Best's Review webinar focuses on cyber and data breach risks and how these are changing and expanding: http://www.ambest.com/v.asp?v=cyber615.



A.M.BestTV covers exclusive A.M. Best information and reports, targeted topics and key developments in the (re)insurance industry every Monday, Wednesday and Friday. Sign up for alerts of episodes at http://www.ambest.com/multimedia/ambtvsignup.html. View A.M.BestTV episodes at http://www.ambest.tv.

A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.


Copyright © 2015 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.


[ Back To TMCnet.com's Homepage ]