Insurance Asset Management

Investment Management for Insurers

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Portfolio Strategies for Your Needs

We bring extensive experience to designing investment strategies for the specific income and total return objectives of insurers across a full range of balance sheet options. Our customized solutions focus on capital and other considerations unique to insurance companies.

Delivering on Insurance Clients’ Needs

Delivering for Insurance Clients Globally

We work collaboratively with our clients to develop portfolio solutions customized to their unique investment needs and return objectives.

Insurance Relationship Management

Seasoned insurance relationship managers are dedicated to delivering the breadth of MIM’s platform to our clients. Their proactive approach affords access to insurance advisory services, portfolio management and thought leadership.

Insurance Advisory & Portfolio Solutions

Through close collaboration with our insurance clients, we seek to understand their individual objectives and constraints to develop holistic portfolio solutions that address strategic needs, opportunities and challenges.

Insurance-Centric Portfolio Management

  • Extensive experience developing customized investment strategies based on the unique objectives and constraints of different insurance business lines and products.
  • Strong understanding of insurance industry complexities and considerations such as NII, RBC, and Economic Capital.
  • The ability to support CECL and OTTI accounting processes.
  • Verification, engagement and impact reporting expertise to help clients satisfy current sustainability, regulatory and framework requirements. 

MIM’s insurance platform is supported by a robust organizational structure. Our dedicated Client Service team works closely with front and back office support from Risk Management, Legal & Compliance and Operations.

A Full Range of Balance Sheet Solutions

Private Capital

$135.5 billion2 managed across private markets by our global team of 175 professionals.

  • Investment Grade Private Credit:
    • Corporate Private Credit
    • Credit Infrastructure Debt
    • Private Structured Credit  
  • Middle Market Lending:
    to North American  companies by our diversified network of private equity sponsors.
  • Residential Whole Loans:
    Customized, actively managed portfolios not readily available to investors.

Real Estate & Agricultural Finance

$125.3 billion2 managed globally across real estate debt and equity through 11 regional offices.

  • $89.7 billion2 mortgage loan origination platform, including Commercial & Agricultural.
  • $35.6 billion2 in Real Estate Equity.
  • Investment capabilities across the risk spectrum.

Fixed Income

$311.8 billion2 managed across  income and total return portfolio objectives.

  • We partner with insurers on foundational and specialized strategies:
    • Core & Short Duration
    • Emerging Market Debt
    • High Yield & Bank Loans
    • Taxable Municipals
  • Extensive understanding of insurance investment considerations.
  • Top-down, bottom-up fundamental research.

Insurance Advisory and Portfolio Solutions

Through close collaboration with our clients, we seek to understand their unique objectives and constraints to provide holistic portfolio solutions that address their strategic needs, opportunities and challenges. MIM’s Insurance Advisory & Portfolio Solutions can provide the following services:

Strategic asset allocation (SAA)

We can help establish an SAA framework incorporating an insurer’s business profile and objectives preferences to inform portfolio allocations for income or total return goals – subject to capital, ALM, risk appetite and other constraints. SAA considers macro views, asset sector fundamentals and relative values, historical asset returns and dynamic correlations, regulatory and economic capital, stress testing, liquidity and local accounting.

Portfolio optimization

Our team of actuaries and insurance specialists seek to develop an optimal asset allocation that seeks to maximize return objectives relative to risk, capital, and other portfolio constraints. Our portfolio optimization tool can be utilized for global insurance clients on both in-force portfolios and/or new money investments. We have global experience with optimizations having implemented customized portfolio solutions for affiliated and unaffiliated insurance clients in various regulatory capital regimes and capital markets world-wide.

Product Pricing and New Money Portfolio Construction

MIM’s insurance investment expertise and product support can help enhance insurers’ product development, pricing results and process. Services include guidance on investment assumptions, portfolio construction and impact analysis of various pricing hurdles, including product return on investment (ROI), return on regulatory or economic capital (ROC), value of new business (VNB) and these pricing metrics under stress scenarios.

Additional portfolio solutions

Our additional portfolio solutions include liquidity risk analysis, customized asset liability (ALM) solutions inclusive of liabilities/replication of liabilities, portfolio stress testing, peer group analysis and others based on your needs and priorities.

A Partner and Industry Leader

MIM is an insurance industry thought leader, at the forefront of investment regulatory initiatives, active in industry associations and working groups. Beyond investments, we can provide accessto MetLife’s internal experts in accounting and finance, regulatory and government relations, capital markets and enterprise risk management6.

Learn More Client Benefits and Our Process

BROCHURE

Get in touch with a MetLife Investment Management professional

 

1 MIM has invested on behalf of the MetLife general account since 1875 and on behalf of third parties since 2012.

2 As of September 30, 2024. At estimated fair value. Includes all MetLife general account and separate account assets and unaffiliated/third-party assets managed by MIM. See Total AUM Fact Sheet for further information.

3 AUM includes (i) each managed account for a third-party insurance company with a unique investment strategy and (ii) each investment by a third-party insurance company in a MIM sponsored fund.

4 AUM and investor count includes (i) each managed account for a third-party insurance company with a unique investment strategy and (ii) each investment by a third-party insurance company in a MIM sponsored fund

5 Includes investors (7 total) in four private investment vehicles that have been established by a third party and are managed by MIM; MIM counts each such investment vehicle as a single “investment.”

6 Access to MetLife’s internal experts primarily involves the sharing of insurance industry outlook, trends and expertise across government relations, capital markets, etc.