NEAM Insights

In this issue of Perspectives, we review trends of the Schedule BA investments of the U.S. insurance industry and compare those investments across the Property/Casualty, Life, and Health segments. Read More

While the earned rates for life insurers are relatively straight forward, the paid or credited rates may warrant further discussion. Life insurers are subject to minimum interest rate guarantees, both explicitly and implicitly, for long-term insurance contracts. Read More

In this issue of Perspectives, we review statutory operating and investment results for the U.S. life insurance industry over the last decade. Portfolio details focus on fixed income sector trends and market statistics (durations, yields and NRSRO ratings), which are maintained by NEAM in a proprietary database and are not publicly available. Read More

Life insurers traditionally follow an asset liability matching or management (ALM) approach to construct their investment portfolios. This ALM framework is a bottom-up process in which assets are segmented to support specific product liabilities. This issue of Perspectives introduces a top-down asset allocation approach (Enterprise Based Asset Allocation™ or EBAA™process) and illustrates how life insurers can adopt this holistic approach to potentially improve their investment portfolios’ risk-adjusted returns beyond the levels derived from the traditional bottom-up ALM approach. Read More

Executive Summary This issue of General ReView first highlights statutory operating and investment results for the U.S. life insurance industry over the past 10 years. Portfolio Details then focus on fixed income sector trends and market statistics (durations, spreads and NRSO ratings). These historical market statistics are maintained by GR–NEAM in a proprietary database and are not publicly available. Read More

Executive Summary This issue of General ReView starts off with the highlights of the statutory operating and investment results and trends of the U.S. Life insurance industry for the last 10 years. The Portfolio Details’ section then focuses on fixed income sector trends and market statistics (durations, spreads, NRSO ratings, etc.). These historical market statistics are maintained by GR–NEAM in a proprietary database and are not publicly available. Read More

Despite the historically low interest rate environment, 2012 turned out to be another year with favorable statutory operating results for the U.S. Life insurance industry. Although operating under challenging and competitive markets, Life companies continued to search for investment opportunities to enhance their risk-adjusted return. Read More