Investment Capabilities
Insurance Solutions
Liability-aware portfolio construction for insurers who need more than fixed income can deliver.
18
Carrier Partners
$2.1B
AUM
12
Countries
Purpose-Built for Insurance Balance Sheets
Insurance portfolios have unique constraints that most asset managers don't understand. Capital charges, duration matching, liquidity requirements, regulatory capital frameworks — these are not footnotes. They are the portfolio.
We design and manage investment portfolios specifically for insurance companies. Our team has managed money at insurers, advised regulators, and structured transactions across NAIC, Solvency II, and Bermuda Form frameworks.
What We Offer Insurers
Asset-Liability Management — Duration-matched portfolios aligned to liability profiles
Regulatory Capital Optimization — Portfolios structured to minimize RBC, SCR, or BMA capital charges
Private Asset Allocation — Access to private credit and real assets within regulatory constraints
Reporting & Compliance — Full statutory and GAAP reporting across all jurisdictions
Strategic Consulting — Advising insurance boards and CIOs on investment policy and governance
How We Work
Our Approach
Liability Analysis
Before we buy a single asset, we model the liability. Duration, currency, optionality, and tail risk are all inputs to the investment policy.
Regulatory Mapping
Every investment decision is mapped against the applicable regulatory capital framework. We optimize for total return per unit of regulatory capital, not just yield.
Portfolio Construction
We build the core in investment-grade fixed income, then add private credit and real assets within the headroom that the regulatory framework allows.
Ongoing Management
Insurance portfolios require continuous management. Asset maturities, liability changes, and regulatory updates all require active portfolio adjustment.
Reporting
We produce all required regulatory reports — NAIC Schedule D, Solvency II QRT, and custom board-level reporting — directly from our systems.
Track Record
Select Insurance Mandates
US Life Insurer SMA
United States
Separately managed account for a $4B US life insurer. Core allocation in IG corporate credit; sleeve of direct lending and infrastructure debt within NAIC risk-based capital limits.
$1.1B AUM. Full mandate.
Bermuda Reinsurer Portfolio
Bermuda
Investment management mandate for a Bermuda Form reinsurer. Structured to minimize BMA ECR capital charges while maximizing total return from private credit.
Active. Outperforming benchmark by 180bps
European P&C Insurer
Germany
Solvency II-compliant portfolio for a German P&C insurer. Duration-matched to €800M of motor and property liabilities with 8% allocation to illiquid alternatives.
3-year mandate, renewed.
Get in Touch
Insurance Portfolio Solutions
Speak to our insurance solutions team about a customized investment mandate.