Insurance organizations fall into the asset owners category, which Chris Fowler, director of signatory relations for the Americas at the PRI, described as “the top of the investment food chain,” with the ability to influence investment decisions and processes.
“Insurance general accounts are very important for PRI, both in terms of the amount of assets they have, and the potential influence they can have over their own direct investment decisions, as well as their third-party investment managers,” Fowler told Insurance Business. “Both of these asset owners in the insurance context – the general accounts and their direct affiliates or third-party