Investment Policy Statement
“The definition of insanity is repeating the same process over and over again and expecting different results”
An insurer’s Investment Policy Statement (IPS) should align their liabilities, risk tolerance and financial objectives into an actionable guide to long term profitability. AQS will create and apply an IPS that mitigates unintended portfolio risks while optimizing the portfolio by considering:
- Risk appetite
- Strategic asset allocation
- Credit standards
- Appropriate benchmarks
- Maximum diversification
- Consideration of actuarial liabilities
- Risk adjusted returns
- Surplus budgeting
- Value-at-risk (VAR)