Investing in euro high yield: Key considerations for insurers
Across European insurers’ portfolios, allocations to high-yield public corporate credit remain modest, at around just 2%. This is unsurprising, as…
08/07/26
Insurance CIO Coordinator, AXA IM
BioPhilippe Argou is an actuary, currently serving as Insurance CIO Coordinator for Fixed Income.
Previously he was Head of ALM of AXA Group for over seven years. Before that, Philippe was an insurance OTC derivatives trader for nine years. He started his career as structured and quantitative fund manager.
Portfolio perspectives
Across European insurers’ portfolios, allocations to high-yield public corporate credit remain modest, at around just 2%. This is unsurprising, as…

By Sophie Debehogne & other authors
08/07/26
Portfolio perspectives
Curve steepening combined with compressed equity and credit risk premia could pose a challenge for insurers, requiring skilful management of…

By Arnaud Lebreton & other authors
19/11/25