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
Concerns mount over calibration of BCR and higher loss-absorbency
Shrewd management as important as bold investment strategies
Firms must prepare in case their models are rejected, says regulator
Buyers must avoid being hooked by unforeseen capital charges
Sign up for Risk.net email alerts
Derivatives based on new indexes will increase hedging tools
Investors increasing their exposure to high yield bond funds is an area of concern, according to Bénédicte Nolens, head of risk and strategy at the Securities and Futures Commission
Speaking at the Asia Risk Congress, CIMB head of rates, funding and structuring Chu Kok Wei sets out his concerns over the move to central clearing in the region
Interviewed at the Sibos conference in Osaka, David Puth talks about growth plans for Asia and the risk management implications of central clearing
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.