Private Placements: Aiming for Greater Yields, Downside Protection and Customized Cash Flows
Private placement securities have the potential to provide attractive opportunities for insurance companies to enhance portfolio income in a continued low-rate environment.

Matthew Daly, Head of Conning’s Corporate and Municipal Teams, and John Petchler, Director, Private Placements, highlight the opportunities in the Viewpoint “Private Placements: Aiming for Greater Yields, Downside Protection and Customized Cash Flows.”

The authors note that, along with the potential yield premium, private placements are typically rated investment grade and offer stronger investor protections than are typically available on public securities with similar ratings and maturities. They also discuss how private placements may enable insurers to customize maturities to match liabilities.
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