This whitepaper by Hymans Robertson and Legal & General explores how UK life insurers can strategically integrate sub-investment grade (SIG) private debt—especially BB-rated credit—into Matching Adjustment (MA) portfolios following Solvency UK reforms.
- Recent regulatory changes remove the cap on MA benefits from SIG assets, enhancing return potential.
- BB private credit offers higher yields, sector diversification, ESG alignment, and structural protections.
- Insurers must address challenges in data availability, risk management, and valuation frameworks.
Discover how to leverage BB private credit to enhance yield and impact.
To read this article, you need a subscription to Investment Officer. If you don't have a subscription yet, click on 'Subscribe' to see the various subscription options.
