Analysis

• Insurers' investment risk 'in the raw' - laid bare in capital charge patterns

  15 February 2023

  Some fairly simple maths reveals the average pre-diversified capital charge that CIOs across Europe paid for their general account investing in 2020 and 2021. David Walker dug out the data

  

• Comment - BMA picks up the 'big stick' for Bermuda's CIOs

  13 February 2023

  The regulator's announcement on illiquids and alternatives was all-stick-no-carrot, but will the BMA bite not just bark, at CIOs?

  

• Vain hopes, vain aims, inordinate desires? (Part 2)

  08 February 2023

  A market view on ESG, by Corrado Pistarino, chief investment officer at Foresters Friendly Society

  

• Vain hopes, vain aims, inordinate desires? (Part 1)

  06 February 2023

  A market view on ESG, by Corrado Pistarino, chief investment officer at Foresters Friendly Society

  

• Case study: Gjensidige applies basic economics to net-zero

  01 February 2023

  Norwegian insurer Gjensidige has been running an experimental portfolio attempting to reach carbon price neutrality. Their former CIO, now chairman of Gjensidige Pensjonsforsikring, and one of their investment analysts discuss the initial findings. Interview by Vincent Huck

  

• NZAOA expands target setting protocol to govvies and PE

  31 January 2023

  Report authors Swiss Re's Bolli and Allianz IM's Riese discuss the key considerations of the protocol third edition. Interview by Vincent Huck

  

• Having fun with private equity investments

  30 January 2023

  A small French mutual insurer tells Insurance Asset Risk how it has become one of the few insurers to make the most of the long-term equity rule in Solvency II... and how it had fun in the process. Vincent Huck reports

  

• Pension Insurance Corporation foray into infrastructure assets

  25 January 2023

  From financing social housing to helping the London School of Economics build sustainably, to UK trainline rolling stock, PIC is full-steam ahead on debt investments, as Elizabeth Cain, head of debt origination there, explains to David Walker

  

• CRO Perspectives: forty years in the markets

  23 January 2023

  In the first in a series of perspectives for Insurance Asset Risk, Nick Silitch, CRO at Prudential Financial, draws on his experience of 40 years to give thoughts on where the global economy is—and where it is headed. Compiled by Sarfraz Thind

  

• CIOs prepare for 'symmetric warfare' over listed shareholdings

  18 January 2023

  Europe's regulators are discussing almost doubling how far they allow the equities 'symmetric adjustment' to fluctuate. David Walker examines the implications for CIOs' capital consumption