News & Insights
Environmental, Social and Governance Risk (ESG) Investing: An insurance perspective
As ESG takes a more prominent role in investment many related terms and approaches have emerged. Usually when ESG is discussed the focus is on the wider benefits of building on ESG portfolios. Whilst these are numerous, there can also be ESG impacts on many types of...
Finding Value: How smaller insurers can compete
‘Finding Value: how smaller insurers can compete’ outlines how small and medium insurers can derive value in the evolving insurance environment. The challenges which the insurance industry has faced in recent years, have been amplified for smaller...
Macro Outlook Q2 2019 | The Fed blinks: tightening policy postponed
Throughout the past quarter, US Fed Chair Jerome Powell executed the monetary policy equivalent of a screeching handbrake turn. After suggesting late last year that interest rate hikes and balance sheet reductions were on a pre-set path, Powell has dramatically...
Pau Morilla-Giner, CIO on Bloomberg
Our Chief Investment Officer, Pau Morilla-Giner discusses de-risking portfolios and the Fed’s rate decision on Bloomberg Surveillance. Watch the video here The value of investments and any income from them can fall as well as rise and neither is...
Macro Outlook Q1 2019 | It’s cold without the QE blanket
What a year 2018 has been: US GDP growth hit 4%, Global Earnings Per Share (EPS) rose to all-time highs, US taxes were cut by $1.5tn, US corporates bought $0.8tn of stock, unemployment fell to multidecade lows in the US, UK, Europe, Japan… …And yet… Cash outperformed...
A Capital Question
The last ten years have been something of a lost decade for the investment portfolios of niche insurers such as captives and mutuals. The recession of 2009 and the ultra-low interest rate environment that has persisted in its wake, has translated into precious little...
Rethinking Risk: a new approach to understanding risk in portfolios
Risk management is a core focus for insurers and nowhere is this more important than with the assets in their investment portfolios. Following a decade of low bond yields and muted market volatility, many insurers’ portfolios have gradually taken on more risk than...