Bringing inflation to life

Protective Life was one of the first US life insurance companies to tap burgeoning retail demand for inflation-linked notes. Navroz Patel talks to the firm about its rationale and the continuing challenges of hedging

pg21-sr-inf-intro-gif

Next month marks the one-year anniversary of Protective Life’s retail inflation-linked notes issuance programme. “The inflation market is offering Protective diversity in its funding sources at a competitive cost,” says Richard Bielen, chief investment officer at Protective Life, an Alabama-based life insurance company with around $27 billion worth of assets. “We would classify our participation in the inflation market as a significant success. Investor demand has been strong,” adds

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Chartis RiskTech100® 2024

The latest iteration of the Chartis RiskTech100®, a comprehensive independent study of the world’s major players in risk and compliance technology, is acknowledged as the go-to for clear, accurate analysis of the risk technology marketplace. With its…

T+1: complacency before the storm?

This paper, created by WatersTechnology in association with Gresham Technologies, outlines what the move to T+1 (next-day settlement) of broker/dealer-executed trades in the US and Canadian markets means for buy-side and sell-side firms

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here