Investment decisions and asset liability management (ALM) strategies are central to gain a competitive edge, deliver profits and manage risk and capital.
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Our insurance investment experts can help you navigate the regulatory and investment landscapes and unlock potential in your balance sheet.
We work seamlessly with our Risk and Capital colleagues to help our clients develop a deep understanding of the asset and market risks held on insurers’ balance sheets. Our work develops constantly to reflect regulatory and political change and the pace at which the industry is progressing.
We help our clients to develop a deep understanding of the asset risks held on insurers’ balance sheets and manage, mitigate and exploit their characteristics. We draw on seasoned investment and ALM professionals, including our quantitative modelling specialists, and work with our investment research colleagues to support our clients. Our work is constantly developing to reflect regulatory change, political change and the pace at which the industry is progressing.
We have a deep understanding of credit markets based on experience gained from banking, asset management and specialist financial advisory, alongside insurers and consultants, which enables us to deliver across the whole spectrum of credit and asset structuring activities.
Climate change and sustainability continues to be an important area of focus for all our clients, largely driven by regulatory and industry expectations to ensure effective management of these risks. We have worked with clients throughout all stages of their journey, from initial identification of their risks and opportunities, to regulatory and peer gap analysis, to setting emissions targets and establishing a transition plan. Our team can provide industry insights from our biennial Climate Change survey, and can draw on the specialist responsible investment and stewardship expertise of our Responsible investment team to provide the support you require.
We draw on seasoned investment and ALM professionals, and our Asset Risk Research Team, to support clients with credit risk modelling and management, including illiquid assets as well as:
Asset structuring, risk identification and internal ratings
Matching adjustment
Market risks, like inflation and liquidity management
Funded reinsurance
Reviewing hedge design and effectiveness
Advising on investment governance frameworks
Responsible investment and climate risk
Investment manager selection and benchmarking
Operating in today's market and regulatory environment throws up challenges. By drawing on our experienced investment and ALM professionals, our dedicated manager research team and quantitative modelling experts, we can help you gain a competitive edge.
Whether it be developing and implementing ALM strategies, portfolio modelling, asset manager selection or advising on hedge design, we can help.
Recent work includes a review of a BPA writer’s investment function and developing a reinsurer’s funded reinsurance proposition. Other assignments include:
Investment strategy
Designing and developing the investment strategy for an insurer
S166 report
An investment related S166 report
Quantitative mortgage models
Development, testing and documentation of quantitative mortgage models
Internal credit ratings
Deriving appropriate methodologies for internal credit ratings
Credit ratings validation
Review of a credit ratings validation framework
Due diligence
Buyside asset due diligence of a BPA portfolio
Climate risk
Identification of key climate-related risks and opportunities
Investment risk
Long-term support to an insurer’s investment risk function
Check our latest edition of current issues, where we bring you the latest insights into the UK insurance & financial services market.
A leading life insurer recently required a senior adviser to support its matching adjustment application to the regulator.
Our considerable investment and ALM expertise, coupled with our wider knowledge of the insurance market, helped us provide innovative and practical solutions to issues like asset eligibility, cash-flow matching and portfolio governance.
Our support meant an on-time submission, helping our client fulfil their business objectives while complying with increasing regulations.
We’re excited to announce our Pensions and Retirement Conference on Thursday 27 March 2025 at King’s Place, London.
We’re delighted to invite you to our Insurance and Financial Services Scotland Conference, taking place at The Caledonian in Edinburgh on Thursday, 13 March 2025.
We suspect the 2025 pensions market will focus on innovation, member outcomes transparency and value.
The government's current Pensions Investment Review has a clear aim of increasing the level of pension scheme investment into the UK. While a lot of the talk has been about financing large-scale infrastructure projects, for the LGPS, the government has focused specifically on encouraging "local" investment.
