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U.S. Life Insurer Exposure to Less Liquid Bonds – YE2025
In this review we highlight some of the less liquid components of life insurer bond portfolios.
ALIRT Research – Fronting Insurers Update – April 2026
In this article, ALIRT examines the evolution and maturation of the U.S. fronting insurance market, highlighting its rapid growth, emerging risks, and increasing reliance on reinsurance and capital markets.
ALIRT Analysis Published in Leaders Edge on Emerging E&S Insurers
In a recent article published by Leaders Edge, members of the ALIRT team explore the growing momentum behind the new class of E&S insurers. Read the full article here:
ALIRT Featured in Carrier Management Discussing P&C Market Outlook
A recent article from Carrier Management highlights key trends shaping the property and casualty market and references insights from ALIRT Insurance Research. Read the full article here:
Lloyd’s of London Market Overview – 2025
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 mid-March.
Corebridge and Equitable Agree to Merge
On March 26, 2026, Corebridge Financial, Inc. (CBF) and Equitable Holdings, Inc. (EQH) announced plans to merge, which will create one of the largest U.S. life insurance and annuity groups and will
Below Investment Grade Bond Exposure for Life Insurers – January 2026
In this article we discuss the accounting treatment of bonds in insurer financial statements, and possible impacts in the event BIG bonds are downgraded, impaired, or default.
U.S. Life Insurer Exposure to Alternative (Schedule BA) Investments
This review analyzes alternative investments for U.S. life insurers. These assets can offer an insurer the opportunity to diversify its investment portfolio, enhance returns (especially given the decline in fixed income yield
Florida Domestic Insurer Market Update
In this article, it is discussed how Florida’s domestic homeowners insurance market has materially improved following the 2022–2023 legislative reforms, as evidenced by new market entrants, rapid depopulation of Citizens Property Insurance
Aquarian Capital to Acquire Brighthouse Financial
In the following article we discuss the background of both Brighthouse Financial (BHF) and Aquarian, recent financial performance of BHF’s insurance subsidiaries, and what this transaction may entail for BHF going forward.
Risk Retention Group Market Overview
In the following review we discuss the current state of the RRG market and its financial performance over the
past 15 years (2010-2024).
Overview of Reciprocal Insurance Exchanges and Recent Market Trends
In the following report we explore the insurers within the RIE market and their financial performance, as well as examine some of the new entrants to the industry and the factors driving
Annuity Surrenders Rise for U.S. Life Insurers
In this report, we discuss the increased level of annuity surrenders, the potential risks of higher surrenders, and any offsetting factors to these risks.
Mortality in the U.S. Life Insurance Industry (2024)
In this review we highlight the recent trends in U.S. mortality and its continued impact on the U.S. life insurance industry.
P&C Mutual Insurance Market Overview
In the following review we provide an update on the state of the P&C mutual insurance market based on reported financial results for the full year 2024 through 6 months 2025.
U.S. Surplus Lines Overview
This article is about the strong growth and evolving role of the U.S. surplus lines (E&S) insurance market, highlighting its record premium levels, profitability trends, integration with admitted carriers, and the influence
Mortgage Loan Exposure for Life Insurers
While insurers continued to favor mortgage loans, weaker conditions in the commercial real estate market have developed, driven in part by higher borrowing costs and behavioral changes and disruptions related to the
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
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.