Analysis

Is it really a small world after all? Protectionism strikes back

Is it really a small world after all? Protectionism strikes back

Most insurers’ chief investment officers and asset managers have grown up investing during the long trend of beneficial globalisation. The trend was their friend. But as evidence of its unravelling builds, they are asking if the elastic is just stretching or about to snap back. Vincent Huck went in search of answers

The BBB effect: apocalypse or opportunity?

The BBB effect: apocalypse or opportunity?

US insurers are holding bigger volumes of BBB-rated corporate debt than at any time in the past. A turning credit cycle could tip significant amounts of these to junk. But while the headline figures look startling, is this really a precursor to the apocalypse or just another bad news story? Sarfraz Thind reports

French insurers partner up for major unlisted SME funding initiative

French insurers partner up for major unlisted SME funding initiative

From Axa France to BNP Paribas Cardif and CNP Assurances, France’s largest have helped unlock €22.2bn of fund-based investments for French small caps. Their early-stage returns may be unclear. But their ambitions for the next phase of their investment is only the greater, the heavy hitters tell Vincent Huck

Asian insurance AuM gold rush

Asian insurance AuM gold rush

Regulatory changes in Asia combined with challenging local market conditions are teasing Asian insurers’ interest in diversifying their investments abroad, this could be a gold rush for Western asset managers. Vincent Huck reports

Pomona’s private equity niche

Pomona’s private equity niche

Pomona Capital’s founder, Michael Granoff explains how his company has tapped into the private equity niche and how it is preparing for a potential turn in the cycle. Interview by Sarfraz Thind

At the helm of Europe's giant general account

At the helm of Europe's giant general account

Pascal Christory, chief investment officer at Axa Group, describes the difficult balance between centralisation and flexibility in an international group's investment strategy. Interview by David Walker

Transitioning from Libor: complex questions and no answers

Transitioning from Libor: complex questions and no answers

The discontinuation of Libor will affect trillions of contracts across the global financial industry, Insurance Asset Risk reveals the scope of the impact on insurers and the unanswerable question they face in a transition period filled with uncertainty. Vincent Huck reports