11 November 2015

Consultant-advised global insurance assets stand at over $500bn

The value of consultant-advised global insurance assets has reached nearly $550bn, with North American insurers accounting for $300bn of the total, according to The Insurance-focused Investment Consultant Compendium published by The Insurance Asset Outsourcing Exchange.

The $300bn US/Canada figure translates to 200 of 268 insurance companies around the world that use top consultants for asset management advice. The 14 consultants featured in the directory include global firms such as Mercer and strictly insurer specialists such as Strategic Asset Alliance (see table).

"Relative to other institutional markets," said David Holmes, who heads the exchange, "consultants to insurance companies require a different, added skill set that includes deep knowledge of the regulatory environment, thorough understanding of insurers' needs well beyond the investment portfolio, and insurance-focused analytic capabilities."

Consultant-advised insurance assets – global totals ($m)

Firm name

Global Total

Mercer $226,541
Cardinal Investment Advisors $87,000
Towers Watson $60,000
RVK, Inc. $53,760
Slocum $35,462
Wilshire $26,000
Callan Associates Inc. $17,461
Rocaton Investment Advisors $13,533
P-Solve $11,302
Strategic Asset Alliance $9,120
Wellspring Capital Advisors $3,740
Beacon Pointe Advisors $1,200
CapVisor Associates $476
Totals $545,595
Note: One firm, UBS Financial Services, did not provide asset or client statistics, so is excluded from the table above.
Source: The Insurance Asset Outsourcing Exchange
Channels: 
SAA/ALM
People: 
David Holmes
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