Practical use of alternative fixed income and equity

Overview

The results report covers the practical use of alternative fixed income and equity in the insurance context and concerns actuaries in investment management, risk management, or actuarial functions. Using infrastructure debt and equity as examples, as well as large-scale real estate financing, the possible applications in insurance companies' investments, the investment forms common in the capital market, the return and risk profiles, as well as investment, risk management, and controlling processes, are examined.

This results report is intended for information purposes only and is intended for the members and committees of the German Association of Insurance Practitioners (DAV) and does not represent a professionally legitimate position of the DAV.[1]

For an explanation of the terms used in the areas of 'Private Markets' and 'Alternative Investments,' please refer to the third part of the results report on the practical use of alternative fixed income and equity, which serves as a glossary.

[1] The proper application of this results report requires actuarial expertise. This report therefore does not constitute a substitute for appropriate professional actuarial services. Actuarial decisions affecting personal pensions and insurance, investments, or business activities should be made exclusively on the basis of the assessment of a qualified DAV actuary.