As part of Societe Generale's series of Meet the Experts presentations, Roger Kim and Victor Gauvin discuss asset exchange.
Traditionally, insurance companies custodise their asset portfolios until maturity while generating additional revenue via short-term asset lending arrangements with their custodians. However, this is a suboptimal scheme as it reduces profitability and restricts the insurer from effectively investing the cash proceeds from lending out the assets. Societe Generale has an optimal approach to borrowing assets from insurers for longer term, from one year to five years or even longer. It offers considerable flexibility in asset class, trade format and tenor profile. This could effectively fit insurers’ needs from both profitability and asset/liability management-matching perspectives.
Register to watch the presentation Portfolio enhancement by secured financing, available for on-demand viewing
More on Insurance
Industry hoping for favourable outcome from pre-applications
European parliament urges commission to act
Insurance commissioners say views ignored by federal agencies
Mitigating political risk is tough, but more can be done
Sign up for Risk.net email alerts
Recent Iosco consultation paper aims to better co-ordinate global regulation
Sponsored video: MSCI
Sponsored video: Numerix
Derivatives based on new indexes will increase hedging tools
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.