21 Aug 2014, Roger Kim , Victor Gauvin , Societe Generale , Asia Risk
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
© Incisive Media Investments Limited 2014, Published by Incisive Financial Publishing Limited, Haymarket House, 28-29 Haymarket, London SW1Y 4RX, are companies registered in England and Wales with company registration numbers 04252091 & 04252093