InsurerCIO Newsletter: A Complimentary Membership Benefit
Taper Tantrum: How Concerned Should Insurers & Risk Pools Be?
Mellon

"The taper comes first and will be finished before they raise the policy rate. Purchasing assets beyond what is required to maintain reserves at a level consistent with achieving the fed funds target is considered unconventional monetary policy."

ETF Insights for Insurers
The Vanguard Group
An excellent overview of the do’s and dont’s of utilizing ETFs.
ESG a ‘Primary Factor’ in 13% of Global Rating Actions
AM Best
A.M. Best reveals that 13% of ratings have been impacted by ESG considerations – most of them causing negative rating actions. Don’t ignore this increasingly important factor.
Climate Disclosure Heats Up Insurance Industry
Kroll Bond Rating Agency

"Stakeholders are increasing pressure on (re)insurance companies to enhance the focus on, and attention to, climate-related disclosure. KBRA believes stakeholders will continue to challenge (re)insurers on climate change, and those entities that have a well-articulated, balanced game plan will be best positioned to shape the conversation and maintain their financial strength. In recent days, several significant climate change announcements have occurred across the (re)insurance sector:"

Insurers’ High-Yield Bond Exposure Grows Amid COVID-19-Related Credit Deterioration in 2020
NAIC

Per the NAIC, insurer high-yield bond exposure at or near highest since 2012.
Bank Loans Primer for Insurers & Risk Pools

Bank Loans are a risk asset class that is comprised of corporate debt issued by below-investment-grade borrowers.

Insurers and risk pools investing in bank loans, typically via mutual funds, receive coupon income based on a floating rate. This floating rate resets every 40 to 60 days (on average) with issuers using LIBOR as its base or reference interest rate.
Custom Peer Analysis: Complimentary Membership Benefit
For certain commercial insurers who file annual statements, we've sent a link to our complimentary peer analysis for your insurer.

As we've been frequently asked, the peer group for members that we can develop an analysis for can be easily customized to include the entities of your choosing.

Please let us know if you'd like your peer list edited in any way.
Disclaimer: The information contained herein has been obtained from sources believed to be reliable, but the accuracy of information cannot be guaranteed.