Press Release - JANUARY 29, 2019

AM Best to Host Webinar on What Insurers Should Know About Four Trends Transforming Asset Management


CONTACTS:
 Lee McDonald
Group Vice President, Publication and News Services
+1 908 439 2200, ext. 5561
lee.mcdonald@ambest.com


FOR IMMEDIATE RELEASE

OLDWICK - JANUARY 29, 2019
At a complimentary webinar on Thursday, Feb. 28, at 2 p.m. (EST), experts from iShares and Greenwich Associates will discuss trends from the 2019 Annual Greenwich Institutional Exchange-Traded Funds (ETF) Adoption and Usage survey, as well the following four trends that will fuel future ETF growth and how these might transform insurance general account portfolios:


  • ETF investors are active investors;

  • Investors are cost-sensitive;

  • Bond-trading evolution favors ETFs for efficient market access; and

  • ·The business model for financial advice is transforming.

ETFs have grown to over $5 trillion in assets under management since the first U.S. product launched in 1993. Global investors recognize that ETFs offer cost-efficient investment exposures, along with transparency and liquidity. As of year-end 2017, insurance companies specifically have ramped up their use of ETFs in the general account by more than 25% over the most recent three-year period.

Panelists include:


  • Joshua Penzner, managing director, head of fixed income & insurance, iShares; and

  • Andrew McCollum, managing director, Greenwich Investment Management.

Register at http://www.ambest.com/webinars/asset18 . Attendees can submit questions during registration or by emailing webinars@ambest.com. The event will be streamed in video and audio formats, and playback will be available to registered viewers shortly after the event.

AM Best is a trusted source of insurance market insight and data, and the only global credit rating agency with a unique focus on the insurance industry. Best’s Credit Ratings are a recognized indicator of insurer financial strength and creditworthiness.