Raghu Ramachandran
Head of Insurance Asset Channel, S&P Dow Jones Indices
Insurance General Accounts See Increased Fixed Income ETF Adoption in 2021
As of year-end 2021, insurance companies held USD 45.4 billion in ETFs in their general accounts—a 15% increase over 2020. We recently published a research piece on the use of ETFs by insurance companies. In this blog post, we explore the increased use of fixed income ETFs in these portfolios. Fixed income securities comprise the…
Revisiting ETF Usage in Insurance General Accounts
S&P Dow Jones Indices annually publishes an in-depth report that examines ETF usage within insurance general account portfolios, leveraging the Schedule D data from annual insurance company filings. Following a generally consistent upward trend, from 2019 to 2020, U.S. insurance companies increased their ETF AUM by 18% to USD 36.9 billion.1 An early look at…
How Are Insurers Staying Ahead of the Curve?
Environmental, social, and governance (ESG) has been a nearly ubiquitous topic of conversation among investors in recent years, bringing to light important questions: How do you measure it? How do you report it? Why should you use it? However, to date, few U.S. insurance companies have incorporated ESG into their policy guidelines, and the practicalities…
On the Use of Bond ETFs by Insurance Companies
Recently, S&P Dow Jones Indices published an analysis on the use of exchange-traded funds (ETFs) by U.S. insurance companies in their general accounts. This blog post provides additional details on the investments in Bond ETFs by insurance companies. The original analysis noted that of the USD 27.2 billion insurance companies invested in ETFs, companies invested…