21 October 2020

Insurance Risk Data publishes insurance outsourcing report for Europe and Bermuda

Insurance Risk Data has published Insurance Investment Outsourcing Opportunities - Europe and Bermuda 2021 report, its third comprehensive annual report on how insurers outsource their investments.

The report's 240 pages and 150 exhibits are filled with pivotal data and analysis, and give asset managers, and other service providers to insurers, the market intelligence they need on how and where the insurers invest their general accounts. The report details why, how and to which managers nearly 1,300 specific insurers outsource their investing.

Key information included in the report on outsourcing by named insurers includes:

  • the asset managers being engaged;
  • whether the outsourcing is intragroup, or to external managers;
  • terms and conditions of engagement including fees, risk limits and return expectations/results;
  • whether the insurer is using funds or mandate structures for the delegation;
  • what asset classes are involved;
  • which non-mainstream classes the insurer invests in;
  • the insurer's latest investment returns and other results details;
  • the names of CIOs or investment heads;
  • the country, general account size and Solvency II model type that the insurers use.

The report also dives deep into the specific investment structures that named insurers choose for their outsourcing, including different types of funds – Ucits, Oeics, various Spezialfonds, ETFs, FPCIs and LPs, among others - and mandates.

In a further development in this year's report there is analysis of how insurers in each of 13 countries invest, segmented by five size-bands of general account – from GAs larger than €100bn, to smaller than €5bn. This reveals how differently large and small insurers invest general accounts not just between countries, but also within countries.

There are also chapters analysing how outsourcing is evolving, and what effects COVID-19 is expected to have on its evolution.

The report draws on numerous data sources, including: Insurance Risk Data, Lloyd's, Finma, and Eiopa, and draws data directly from about 3,000 insurers in Europe including Switzerland, Lloyd's syndicates and Bermuda.

For further details and a free sample of this report contact phil.manley@fieldgibsonmedia.com

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