Income Generation
Enabling Growth
Strategic & Tactical Asset Allocation
Optimized to regulatory requirements (e.g., RBC), varying earnings measures (e.g., SAP or GAAP)
Liability-driven, differentiated across core and surplus, and aligned with the market cycle
Managed to ESG, climate and emerging risk (pandemic, cyber, supply chain,…) factors
Economic scenario playbooks for opportunistic investments
Guidance on performance metrics, business use and best practice
Emerging Investment Vehicles & Interplay with Industry Trends
Greenwashing and assessing ESG, Climate & DE&I aware investments
Crypto, NFTs and DeFi
Captive and third party offshore and domestic reinsurance
Structured assets (liability, regulatory capital and accounting aware)
Interplay with demographic trends, policy innovation and Insurtech
Synthetic Asset Replication Strategies
Efficient use of Treasury and Agency holdings needed for liquidity and counterparty requirements
Structure synthetic credit exposure using Treasury and Agency holdings along with Credit Derivatives
Appropriately designed to be treated as a bond by SVO, with associated RBC C1 factor
Counterparty risk and program size treated through derivatives use plan
Limited need for private rating if referenced credit is publicly rated or traded security
Hedge Accounting
Qualified/non-qualified hedge tests for losses recognition and tax treatment
Income impact assessment, with qualified hedges having more favorable tax treatment and flowing through balance sheet (typically as "Other Invested Assets") while gains/losses from non-qualified hedges flow through income (typically as "Other Comprehensive Income")