DIRECTORY

 

Our Industry Partners provide relevant thought leadership and services to insurance investment, capital, treasury, risk, and actuarial management professionals. Review our full list of partners for latest ideas and more information on their firm’s profile and key personnel.

Swiss Re

Swiss Re is a leading global reinsurer that has been a pioneer in developing the Insurance-Linked Securities asset class since its inception over 25 years ago. Through its Alternative Capital Partners division the firm offers institutional investors the opportunity to participate alongside Swiss Re in catastrophe bonds and portfolios of reinsurance risks. The firm manages over USD 3bn of third-party investor capital which is seeking to benefit from the very lowly correlated returns on offer.

 

Expertise:

We provide partners with access to the global natural catastrophe reinsurance business alongside Swiss Re, a market-leading franchise with proprietary risk modelling tools. Our products have been structured to optimise capital efficiency, benefit from Swiss Re’s underwriting expertise, alignment of interest and long track record of alternative capital partnerships.

 

Contacts:

Edward Johnson | Head Business Development | Director | Alternative Capital Partners
Swiss Re Capital Markets Limited

 

Lydia Pomp-Bojerianova | Senior Business Development Manager | Vice President | Alternative Capital Partners
Swiss Re Europe S.A.

 

Thought Leadership:

Why invest in Insurance-Linked Securities?

Mercer

Mercer is the world’s largest independent insurance investment advisor1. We help insurance clients design and implement capital-aware strategies to optimise their asset portfolio, manage their core strategies across public and private assets, as well as passive and active approaches and integrate responsible investing. Whether insurers wish to execute their own decisions through their in-house team on a leading-edge infrastructure, are seeking out highly rated managers or a combination of both, Mercer can help.

1 The Insurance-Focused Investment Consultant Compendium, October 2020. $423 billion under advisement across 118 clients globally.

 

Expertise

Mercer provides advisory and discretionary solutions across both public and private markets plus Implemented program management that allows insurers to execute their strategy on Mercer’s infrastructure. Mercer’s focus and expertise: strategic asset allocation, asset liability management, capital and tax-efficient investment strategies and regulatory requirements across multiple lines of business and geographies; market-leading modelling and stress-testing capabilities based on Mercer’s proprietary optimization tools.

 

Contacts:

William Gibbons, Senior Consultant, Insurance Solutions 

Gerard-Jan Berckel, Insurance Solutions Relations 

 

Thought Leadership:

Discover our Insurance Investment Solutions capabilities

Accelerating out of the crisis

Mitigating the inflation threat to insurers 

Nuveen

Nuveen is the asset manager for TIAA, one of the world’s most highly rated insurance companies. We leverage our deep expertise in partnering with insurance clients to tailor capital-efficient solutions to meet complex portfolio construction needs. Our platform of $1.1 trillion in AUM offers differentiated investments across private credit and private equity, real assets, fixed income, and responsible investing focused strategies. For more information, please visit www.nuveen.com/insurance.

*As of September 30, 2023

 

Contacts:

Joseph Pursley, Managing Director, Insurance – Americas

Christina Volkmann, Director, Insurance - Central Europe

 

Thought Leadership:

Impact measurement and reporting: Insights from an insurer’s experience

Nuveen EQuilibrium 2023 - Global insurance findings

 

Invesco Ltd.

Invesco Ltd. is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life.


We offer a wide range of single-country, regional and global capabilities across major equity, fixed income and alternative asset classes, delivered through a diverse set of investment vehicles. We have a broad and deep presence in key markets across the globe and a proximity to our clients with an on-the-ground presence in more than 25 countries and over 8 000 employees.

We are privileged to manage US$1.367 trillion in assets on behalf of clients worldwide (as of January 31, 2021).

 

Expertise

With over US$100 Billion (31 December 2020) of insurance assets under management globally, we have a deep understanding of the insurance sector and experience in insurance investment management.

Our aim is to develop customized solutions for our clients while optimizing investment returns under specific insurance constraints: liabilities, accounting earnings, regulatory capital and risk management.

 

Contacts:

Charles Moussier, Head of EMEA Insurance Client Solutions

Richard Glenn, Head of EMEA Insurance Distribution

BNP Paribas Asset Management

BNP Paribas Asset Management (‘BNPP AM’) is the investment arm of BNP Paribas, a leading banking group in Europe with international reach. BNPP AM aims to generate long-term sustainable investment returns for its clients, based on a unique sustainability-driven philosophy. BNPP AM’s investment capabilities are focused around five key strategies: High Conviction Strategies, Private Debt & Real Assets, Multi-Asset, Quantitative & Solutions (MAQS), Emerging Markets and Liquidity Solutions, with investment processes incorporating quantitative and fundamental analysis.

 

Sustainability is embedded within BNPP AM’s strategy and investment decision-making. Among the leaders in thematic investment in Europe, BNPP AM contributes to the energy transition, environmental sustainability and the promotion of equality and inclusive growth. BNPP AM currently manages EUR 501 billion of assets (EUR 621 billion of assets under management & advisory) and benefits from the expertise of around 500 investment professionals and around 400 client servicing specialists, serving individual, corporate and institutional clients in 67 countries.

 

Source: BNPP AM, as at 31 December 2022

 

Expertise

Our commitment is to build long-term partnerships with insurers to help them to meet their strategic objectives. We have the capability to advise insurers on optimal strategic asset allocations and risk management strategies taking into account their liability cash-flows, accounting and financial objectives and specific risk constraints. We also have the expertise to build (or take over) and manage investment portfolio actively in order to reach the insurers’ investment targets within defined risk limits such as their solvency capital requirement.

 

Thought Leadership:

How can the insurance industry be more sustainable?

The Next Phase - Mid-year Outlook.

How to finance climate change resilience.

AXA Investment Management

Company information: 

AXA Investment Managers (AXA IM) is a responsible asset manager, actively investing for the long term to help its clients, its people and the world to prosper. Our high conviction approach enables us to uncover what we believe to be the best global investment opportunities across alternative and traditional asset classes, managing approximately €842 billion in assets as at the end of September 2023. At end of December 2022, AXA IM employs over 2,600 employees around the world, operates out of 24 offices across 18 countries and is part of the AXA Group, a worldwide leader in insurance and asset management.

 

Expertise: 

We partner with insurers to design and deliver optimal solutions for their investment portfolios and achieve their asset yield, capital efficiency and responsible investment objectives. Key elements include:

• Yield enhancing strategies

• Capital efficiency modelling

• Optimising risk/return outcomes

• Outsourced balance sheet management

• Asset liability management (ALM)

• Strategic and tactical asset allocation (SAA/TAA)

• Product range innovation

• Support in developing environmental, social and governance (ESG) and responsible investing approaches

• Insurance-specific reporting

 

Contacts:

Tim Banks, Director - Institutional Client Group, AXA Investment Managers

Côme Bousquet, Institutional Sales France, AXA Investment Managers

 

Thought Leadership:

Royal London Asset Management

Royal London Asset Management (RLAM) is one of the UK’s leading investment companies, having built a strong reputation as an innovative manager, investing across all major asset classes. RLAM manages over £159.4bn billion of assets (as at 31/03/22), split between equities, fixed interest, multi asset investing, property and cash, with a market leading capability in sustainable investing. Products include funds and segregated accounts investing in government bonds, investment grade, high yield and unrated credit, equity income and equity growth across global developed markets, as well as UK property and cash and short-term money market instruments.

 

Expertise

Insurance investing is a core part of RLAM’s heritage; we recognise managing assets for insurance companies is typically different to other investors and hence adjust our approach accordingly. We have significant expertise and resource in running insurance-focused mandates reflecting potential constraints and requirements around regulations, capital, liabilities, liquidity and softer aspects such as ESG integration. We assist insurers in designing and optimising insurance portfolios, whilst delivering the ongoing operational and reporting framework needed.

 

Contacts:

Andrew Epsom, Insurance Client Solutions Director 

Hiren Gami, Business Development Executive

 

Thought Leadership:

Quarterly Insurance Update

Insurance Investment Outlook for 2022

MacKay Shields

MacKay Shields is a global boutique investment firm with $134 billion in assets under management (as of 6/30/2023).

 

We provide investors with specialty fixed income expertise across global fixed income markets including municipal bonds, structured credit, corporate credit and emerging markets debt.

For decades, our dedicated teams of specialists have delivered customized solutions backed by disciplined research and a commitment to delivering long-term value for its clients. The MacKay Shields client experience provides investors direct access to senior investment professionals. MacKay Shields is a wholly owned subsidiary of New York Life Investment Management Holdings LLC, which is wholly owned by New York Life Insurance Company.

 

Expertise:

Since 1985 we have been managing assets for New York Life Insurance Company and since 2001 for unaffiliated insurers. We tailor insurance mandates around a deep understanding of liability structures, tax considerations, gain/loss constraints, and income vs. total return objectives.

 

Contact:

John Akkerman, Global Head of Distribution 

 

Thought Leadership:

High Quality, Durable Income with Taxable Munis: An Overlooked Solution for Insurers

Tackling Liquidity and DeRisking with Fixed Income

Opportunities in Emerging Market Debt

Loomis, Sayles & Co.

Since 1926, Loomis, Sayles & Company has helped fulfil the investment needs of institutional and mutual fund clients worldwide. The firm’s performance-driven investors integrate deep proprietary research and risk analysis to make informed, judicious decisions. Using foresight and flexibility, Loomis Sayles looks far and wide for value – across traditional asset classes and alternative investments – to pursue attractive, risk-adjusted returns for clients.

 

Expertise

Loomis Sayles matches our long history of alpha generating capabilities with the complex needs of our insurance clients. We offer a suite of differentiated fixed income strategies, each with clear and consistent investment philosophies. We layer in our experience in providing custom solutions to generate specific portfolios, designed to fit client objectives.

 

Contacts:

Colin Dowdall, Director of Insurance Solutions

Lauren McDermott, Insurance Solutions

 

Thought Leadership:

Insurance ESG Considerations: A Practitioner's Viewpoint On Portfolio Customization

Three Considerations for Insurers Weighing an EM Corporate Debt Allocation

Aegon Asset Management

A leader in insurance asset management innovation

At Aegon AM we lead the insurance market in innovative and capital efficient solution development. We manage GBP 117.7 billion* on behalf of our insurance clients. We achieve this as part of Aegon Group a top 20 global insurance company. Being part of the Aegon Group means our 1,200 professionals work first hand with our affiliates globally to develop and run attractive return on capital solutions. Our in-depth insurer expertise means we are ideally placed to work collegiately with our insurance partners, to deliver and service strategies that are aligned to their needs and Solvency II regulatory framework. 

*As at 31 December 2023.

 

Contacts:

Shaun McWilliam, Insurance Sales - UK and Ireland

 

Thought Leadership:

Alternative fixed income: Trends and Opportunities

Simple, Transparent and Standardised Asset-Backed Securities

Aegon AM strategies for insurers

Ortec Finance

As a leading provider of technology and solutions for risk and return management Ortec Finance works with institutional investors on a global basis. We provide solutions for forward-looking balance sheet simulation to enhance strategic risk management and investment decision-making. This is accomplished through the harnessing of cutting-edge technologies, methodologies by our expert development and consulting teams. Ortec Finance’s strength lies in an effective combination of advanced models, innovative technology, and in-depth market knowledge. Investment professionals rely on this combination of skills and expertise to help them better analyze risk-return in their portfolios.

 

Expertise

Our software enables investors to optimize portfolio strategy for multiple metrics and horizons simultaneously while taking into account the regulatory capital framework, liabilities, liquidity need and risk appetite. We leverage decades of institutional expertise by using broad, granular asset modeling and dynamic investment strategies & hedging overlays, powered by our superior real-world scenarios.

 

 

Contacts:

Hamish Bailey, Managing Director UK, Head of Insurance & Investment

 

Thought Leadership:

From climate risk analysis to investment decision making.

Unlocking the true value of climate scenarios

Wellington Management

Insurers have been building investment partnerships with Wellington since 1975. Our goals since then have remained evergreen – to exceed the investment objectives and service expectations of our clients. As an integral part of Wellington’s global investment platform, our dedicated Financial Reserves team offers a breadth and depth of resources and experience to serve our insurance clients as a go-to thought partner, risk manager, and trusted advisor for complex investment challenges. Today’s unprecedented challenges require unconventional solutions, and our collaborative strategic and proactive risk management approach helps our clients to be well-prepared.

 

Expertise

Our insurance work is tailored for each client drawing upon the experience of Wellington’s dedicated Insurance team of 60 specialists. The team consists of portfolio managers, relationship managers, and functional specialists who have a deep understanding of the nuanced, and ever evolving, financial, accounting, and regulatory complexities facing our insurance clients.

 

Contacts:

Rich Coffman, Business Development Manager, Americas

Bob Sharma, CFA, Relationship Manager, EMEA 

 

Thought Leadership:

2024 Insurance Outlook: Position portfolios for the unexpected 

Insurance Quick Takes videos

M&G Investments

As an active manager, we build solutions around what matters most to our clients whether it be investing for growth or income, to meet future liabilities, protect capital or invest responsibly. Together, through a strong sense of partnership and collaboration, we support a culture of continued innovation to build long-term relationships as needs evolve over time. Globally we manage over £313 billion (as at 31 December) on behalf of individual and institutional investors including insurers, pension funds, endowments and foundations, sovereign wealth funds, banks and family offices.

 

Expertise

We offer access to a broad range of capabilities that span both public and private assets including fixed income, equities, multi-asset, real estate, infrastructure and private equity.

 

Contact:

Christian Thompson. Director, Insurance Solutions

 

Thought Leadership:

Income strips for insurers

Why ABS could be an attractive option for European insurers

Changing demand dynamics

Generali Investments

With over €670bn1 in AUM and more than 15001 investment specialists, Generali Investments is an ecosystem of #12 asset management firms, delivering a portfolio of specialist capabilities in more than 20 countries worldwide.

 

Generali supports each firm to innovate and grow with full investment autonomy ensuring they’re set up to develop sustainable and innovative solutions.

 

For investors, this means access to highly entrepreneurial firms, with the security of our support.

 

Our solutions are greater than the sum of their parts. They’re built from a variety of specialist capabilities from across our portfolio, to help investors unlock opportunities with the aim to generate long-term performance.

 

The asset management firms part of our platform are: Generali Asset Management, Generali Real Estate, Infranity, Sycomore AM, Aperture Investors, Lumyna Investments, Plenisfer Investments, Conning1 and its affiliates Global Evolution Asset Management, Octagon Credit Investors, Pearlmark Real Estate.

 

1Includes Conning, Inc., Conning Asset Management Limited, Conning Asia Pacific Limited, Conning Investment Products, Inc., Goodwin Capital Advisers, Inc. (collectively, “Conning”).

 

Expertise

The Generali Investments ecosystem is structured around a number of strategic capabilities that aim to suit investors’ needs. Our key investment capabilities include: Fixed Income, Equities, Emerging Markets, Multi Asset, Multi Strategies, Liquid Alternative Investments, Private Assets (direct and FoF), Real Estate and Infrastructure investments.

 

Contacts:

Tim Rainsford, Chief Products & Distribution Officer

Paolo Casadonte, Head of Projects & Business Relationship Management

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