Insurance solutions

Your valued assets & Our valuable insights

Managing general account assets requires more than just investment acumen, it demands a deep understanding of your long-term obligations, capital efficiency goals, and the regulatory landscape. We bring specialized insurance knowledge and aim to help you maintain liquidity, preserve portfolio stability, and enhance yield – all while aligning with your unique liability profile.

Dedicated Expertise

  • Asset-liability management
  • Gain/loss budgeting and yield optimization
  • Integrated risk management frameworks

Tailored
Solutions

  • Custom portfolios aligned with NAIC and risk-based capital requirements
  • Customized solutions to meet unique insurer needs
  • Client-informed investment mandates that meet regulatory requirements

Genuine Partnership

  • Solution-oriented insurance team
  • Integration with your internal teams for seamless execution and oversight

Trusted by insurers worldwide

We deliver tailored investment solutions worldwide, combining global scale with local knowledge to help insurers meet evolving regulatory and portfolio needs.

$109bn

of global insurance-related assets

30+

years managing insurance client portfolios

Top 16

unaffiliated insurance asset manager*

*Source: Clearwater Analytics Investment Outsourcing Report (IIOR) 2025.

Insurance investment capabilities

Cash liquidity

Short duration bonds

A global fixed-income strategy targeting moderate returns above cash while seeking capital preservation.

Corporate cash management

Tailored money market solutions designed to optimize overnight cash management for corporate portfolios.

Core solutions

Investment grade corporate credit

High-quality developed-market corporate credit exposure designed to outperform benchmarks.

Securitized assets

A range of strategies investing in securitized assets aimed at diversifying risk, managing duration, improving credit quality, and enhancing yield potential.

Emerging markets debt

An investment strategy aimed at capturing emerging market debt inefficiencies while seeking to generate long-term alpha.

Adaptive low volatility

Seeks attractive returns with lower volatility using a forward-looking, options-based process to identify stocks believed to have limited downside risk and strong potential for growth or upside volatility.

Emerging markets debt

An investment strategy aimed at capturing emerging market debt inefficiencies while seeking to generate long-term alpha.

Yield enhancement opportunities

Private investment grade

Seeks to deliver excess return through directly originated Rule 144A securitizations and Section 4(a)(2) private loans across real estate, consumer, and small and medium enterprise (SME) sectors.

Asset-backed private credit

Offers tailored solutions focusing on enhancing potential income, strong risk-adjusted returns, and defensive positioning, available through rated feeder funds or direct separately managed accounts.

Multi-sector credit

Opportunistically employs active sector allocation across entire fixed income landscape to potentially increase risk adjusted returns and income compared to traditional core-plus portfolios with less volatility than stand-alone high yield solutions.

High yield

Aims to deliver enhanced income through higher return potential while actively seeking to mitigate credit risk.

Multi-sector credit

Opportunistically employs active sector allocation across entire fixed income landscape to potentially increase risk adjusted returns and income compared to traditional core-plus portfolios with less volatility than stand-alone high yield solutions.

In the news

Businesswoman on laptop at window in morning sun

Press release

Guardian and Janus Henderson close on multifaceted, strategic partnership

Discover the transformative partnership between Guardian and Janus Henderson, managing a $45 billion portfolio to innovate and enhance investment strategies. A strategic collaboration set to redefine wealth management and accelerate growth.

Learn more

Press release

Janus Henderson’s pioneering AAA CLO ETF (JAAA) surpasses $20 billion in AUM

Janus Henderson's AAA CLO ETF (JAAA) hits a landmark $20 billion in assets, leading as the largest CLO ETF with the highest year-to-date net flows. Discover how JAAA is revolutionizing access to high-quality CLO investments.

Learn more
a lightbulb with the ocean at sunset in the background
Businesswoman on laptop at window in morning sun

Press release

Janus Henderson launches asset-backed securities ETF (JABS)

JABS builds on the success of Janus Henderson’s leading securitized ETF franchise and augments the firm’s robust product set of active fixed income ETFs.

Learn more

Global Insurance Strategy and Oversight Committee

Michelin Sharp, CIMA®

Managing Director, Head of Insurance & Retirement Group

Kelly Cavagnaro

Managing Director, Head of NA Institutional Distribution

Alex Veroude, CFA

Head of Fixed Income

Tim Winstone, CFA

Head of Investment Grade Credit | Portfolio Manager

David Padulo, CFA

Portfolio Manager

Connell Hasten

VPC Partner

Differentiated insights


Are higher mortgage rates hurting U.S. households?

Assessing the impact of higher mortgage rates on U.S. homeowners.

Several dice with different weather symbols on each side of the dice.

Can bond yields predict returns?

Looking at whether bond yields can offer predictive information about total returns from bonds.

Image of a large concrete and steel bridge being built over water.

Credit: Solid in a slowdown?

Credit fundamentals and yields are supportive but an up in quality approach should help mitigate risks.

 

  Your 
 goals

Our
  Expertise

 

Source: Staff and pro forma AUM (in USD) as of December 31, 2024, figures include $45bn of Guardian assets and $64bn of Janus Henderson client AUM across global Insurance, Variable Insurance Trust, Insurance Broker Dealer, and Retail Life Co. AUM.