S&P Global Market Intelligence

Discover more about S&P Global's offerings

Featured Index TV

Heading Line

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

S& Global Platts Crude & Refined Products Market

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod

Learn More

2026 US Insurance Investments Market Report

The 2026 US Insurance Investments Market Report, newly released by S&P Global Market Intelligence, is our most comprehensive look yet at how life and non-life insurers are deploying their combined $8.68 trillion in invested assets. Explore the trends reshaping insurer portfolios, from accelerating allocations to private credit and alternative investments to evolving regulatory requirements, bond market dynamics, and shifting mortgage lending strategies.

Complete the form to read our complete 2026 US Insurance Investments Market Report >

Already a client? Access the report on S&P Capital IQ Pro.

Register

Lorem Ipsum

Head Line 1

Lorem ipsum 1
Lorem ipsum 2
Lorem ipsum 3

Learn More

Head Line 2

Lorem ipsum 1
Lorem ipsum 2
Lorem ipsum 3

Learn More

Head Line 3

Lorem ipsum 1
Lorem ipsum 2
Lorem ipsum 3

Learn More

Head Line 4

Lorem ipsum 1
Lorem ipsum 2
Lorem ipsum 3

Learn More

Key Themes:

Rotation into Private Markets: Privately placed bonds reached a record 48.4% of life industry bond holdings, up from 37.4% five years ago. Schedule BA allocations, including private equity, real estate, and direct loans, rose to 6.9% of life invested assets and a record 7.1% for P&C insurers. PE-backed insurers maintain meaningfully higher private-bond concentrations than mutuals or public-company subsidiaries.
Liquidity and Complexity Risk: The expansion of private credit has drawn sustained scrutiny from investors, media, and regulators regarding valuation opacity and credit quality in less-liquid holdings. The report examines related-party and reinsurance-collateral (modco/funds-withheld) concentrations, negative interest maintenance reserves affecting 44.5% of life entities, and proposed NAIC risk-based capital changes for collateral loans that could result in charges ranging from 3% to 45%.
Regulatory Overhaul Reshaping Portfolios: The report analyzes the impact of the NAIC's Principles-Based Bond Definition (PBBD) and the Schedule D, Part 1 redesign. In 2025 alone, nearly $15.4 billion in life assets and $1.8 billion in P&C assets shifted off traditional bond schedules. The report also includes before-and-after reconciliation matrices to enable apples-to-apples portfolio comparisons.

Complete this form to download the report

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Heading Line

S& Global Platts Crude & Refined Products Market

2026 US Insurance Investments Market Report

Register

Lorem Ipsum

Head Line 1

Head Line 2

Head Line 3

Head Line 4

Lorem Ipsum

Speaker Name

Speaker Name

Speaker Name

Speaker Name

Speaker Name

Lorem Ipsum

Exploring new tools for ESG Implementation in Austalia

Exploring new tools for ESG Implementation in Austalia

Exploring new tools for ESG Implementation in Austalia

Exploring new tools for ESG Implementation in Austalia

Complete this form to download the report

S& Global Platts Crude & Refined Products Market