Investors breathed a sigh of relief when the €750bn EU recovery deal was reached after five days of tense negotiations. Although it will go a long way for the stability of Europe's economy, some lamented EU leaders had missed an opportunity to advance the issue of sustainability. Stephanie Harris takes the pulse of insurers and their asset managers
A growing number of insurers have announced new or upgraded sustainable investment strategies in recent years. JP Morgan Asset Management (JPMAM) and Insurance Asset Risk have joined forces to investigate the drivers behind insurers' sustainable strategies. Vincent Huck reports on the high-level key findings
Home loans have proved popular with Europe's insurers, to the tune of €237bn invested in 2019, but that was in the good times. As many underwriters holding them are forced to delay collecting repayments amid COVID-19, some are re-running stress tests on their portfolios, David Walker finds
Many insurers had already reduced portfolio risks in view of expensive valuations and anticipated credit cycle concerns, with the events of 2020 enabling accelerated decision making to capitalise on market dislocations, Etienne Comon writes on the back of Goldman Sachs Asset Management's annual insurance asset management survey.
While underwriters like to call themselves 'fixed-income investors', they have become significant players in the equity markets, and the COVID-19 turbulences might not be all bad news. David Walker reports
Often hailed as ineffective the Solvency II's volatility adjustment rules have served insurers well against the impact of COVID-19 on markets in the first half of 2020, but could it have served them too well? Stephanie Harris reports
Insurance Europe again calls for review of equity charge reviving the debate over the Solvency II equity treatment and potentially setting a collision course with the European Insurance and Occupational Pensions Authority. Vincent Huck reports
Hopes were high at the end of March for investors to profit from the Fed's QE intervention and access a rejuvenated credit sector. The once-in-a-lifetime returns have, however, swiftly disappeared, and investors are back to staring at the ghost of bond market past. So what next? Sarfraz Thind reports
The financial crisis that unfolded on the back of the pandemic might have caused insurers to pause when it comes to allocation to infrastructure assets. But this is merely a bump in the road say asset managers, and insurers' investments in core infrastructure investments will come back stronger than ever.
For years insurers have been battling low interest rates. First they got used to the idea of 'low', then they got their minds around the concept of 'lower for longer', and more recently some have been saying that we are now in a 'low forever' scenario. Vincent Huck reports the findings of Insurance Asset Risk's survey.