Insurance Asset Management - Global Insurance AUM
Insurance Client AUM
(USD billions)
General Account
52.3
Subadvisory including VA and mutual funds
6.1
General Account Assets by Insurance Client Type (USD billions)
Life
33.1
Property & Casualty
8.0
Reinsurance
6.2
Health
2.9
Government Sponsored
2.1
Source: Western Asset. As of 31 Mar 25. Totals may not sum due to rounding.
Western Asset manages insurance assets for clients that represent a wide range of insurer types from all over the world. Portfolios span the spectrum from broad market allocations to sector-specific strategies. We have been managing dedicated insurance portfolios since 1986.
Our Insurance Team

Frank Beardsley
Head of Insurance

Andrew Masalin
Client Service Executive

Alex To
Client Service Executive