Conning Named Top Insurance Company Asset Manager in 2023 by Three Leading Industry Publications
October 16, 2023
HARTFORD, CT – October 16, 2023 – Leading global investment management firm Conning has been named the top insurance company asset manager in 2023 by three industry publications: InsuranceERM, Inside P&C and Insurance Asset Risk.
InsuranceERM named Conning the Insurance Asset Manager of the Year in its annual Americas Awards program announced June 16, and Inside P&C repeated the recognition when it named the firm its Insurance Asset Management Firm of the Year during its Inside P&C Honors event on September 27. Insurance Asset Risk named Conning its Fixed Income Manager of the Year in its Americas Awards announced October 11.
This is the second year in a row that Conning was recognized by Inside P&C, while this was the third in the last four years Conning was honored by both InsuranceERM and Insurance Asset Risk. All three publications employ independent industry experts as judges on their award panels.
“We are extremely honored to receive these accolades from publications that pay such close attention to insurance companies, as they appreciate the complexities insurers face in managing investment portfolios,” said Woody Bradford, Conning’s CEO and Chair of the Board. “But we are even more proud of how we have worked to help our insurance company clients over the years, and this recognition is based on what we have done on their behalf."
Conning earned recognition for a variety of activities including a Conning survey of U.S. insurance company decision makers in late 2022 which indicated that insurers were looking to take on more investment risk. Additionally, Conning’s 2023 acquisition of a majority interest in Pearlmark Real Estate, LLC, was an example of how the firm helps insurers broaden their investment portfolios.
“The multi-faceted approach has enabled Conning to become one of the biggest third-party asset managers for U.S. insurers and wins this year's asset manager award,” according to the InsuranceERM award announcement.
Conning's portfolio management team provides clients with access to an array of asset classes that are more commonly found only in the portfolios of larger insurers. Along with its recent Pearlmark acquisition, the company also acquired an interest in emerging market debt manager Global Evolution in 2018 and a majority interest in bank loan, CLO and high-yield bond manager Octagon Credit Investors, LLC in 2016.
The firm’s asset management business is complemented by its insurance industry research team which provides a deep understanding of the broader needs of insurance companies. Conning also leverages its proprietary, award-winning risk management software to help align its clients’ portfolios with their unique investment objectives.
For more information and disclosures regarding Conning's industry recognition, please visit the firm’s Awards & Recognitions webpage.
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Conning (www.conning.com) is a leading investment management firm with over $205 billion in global assets under management as of June 30, 2023.* With a long history of serving the insurance industry, Conning supports institutional investors, including insurers and pension plans, with investment solutions, risk modeling software, and industry research. Founded in 1912, Conning has investment centers in Asia, Europe and North America.
* As of June 30, 2023, represents the combined global assets under management for the affiliated firms under Conning Holding Limited (CHL) and Cathay Securities Investment Trust Co., Ltd. (SITE). SITE is a separate entity under Cathay Financial Holdings Co., Ltd which is the ultimate controlling parent of all Conning entities.
Awards, rankings, and other forms of recognition are not a guarantee of Conning's future performance. Awards may not be representative of any one client's experience.
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