U.S. Life Insurers’ Foreign Reinsurance Exposure
While U.S. life insurers utilize reinsurance in many foreign jurisdictions, in this report we will focus on Bermuda in particular given the robust growth in Bermuda reinsurance among U.S. life insurers.
BBB-rated Bond Exposure for Life Insurers
In this article, NAIC Class 2 (BBB-rated) bond holdings are examined in the context of their rising prominence within U.S. life insurer portfolios. Despite ongoing economic uncertainty and updated capital requirements, these bonds now make up 37% of total life industry bond holdings as of the first quarter of 2025.
Corebridge Sells Individual Variable Annuity Business to Venerable
The balance of this release will discuss the impact of this transaction on the CBF and VHI groups, and ALIRT will share some of our thoughts on the transaction.
Oregon Mutual A.M. Best Downgrades – Did You See It Coming?
In this article, a sharp downgrade of Oregon Mutual’s rating is examined, revealing early signs of financial trouble dating back to 2022. It shows how proactive monitoring can help agencies avoid last-minute scrambles.
U.S. Life Insurer Exposure to Less Liquid Bonds – YE2024
In this review we highlight some of the less liquid components of life insurer bond portfolios.
Lloyd’s of London Market Overview – 2024
The following overview reflects results for ALIRT’s Composite as well as those for the Lloyd’s market as a whole, based on the organization’s annual report issued in late March.
Trends in Individual Annuities
In this review, we concentrate on the recent changes in the annuity product landscape.
Privately-Owned Insurers in the U.S. Life Insurance Industry
In this report we explore some of the organizations that have acquired life insurers, review some recent transactions/acquisitions that involve privately-owned insurers, and analyze the difference in financial profiles of privately-owned life insurers vs. the broader industry.
Below Investment Grade Bond Exposure for Life Insurers – February 2025
This article discusses the accounting treatment of bonds in insurer financial statements, and possible impacts in the event BIG bonds are downgraded, impaired, or default.
Life Insurer Exposure to Alternative Investments
This review analyzes alternative investments for U.S. life insurers.