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Insurance Insights: January 2026

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Our latest Insurance Insights highlights opportunities for insurers to lock in durable portfolio income amid a dynamic policy and market environment. Recent global developments—including Latin American reforms and the U.S.-driven agency mortgage backed-securities (MBS) purchase mandate—are reshaping the risk landscape, with emerging market debt and high-quality securitized assets offering attractive yield and diversification. We are focusing on prime asset-backed securities, select collateral loan obligations, and emerging market hard-currency debt for resilient carry, while maintaining measured duration risk to protect against future rate volatility. Despite tight valuations in agency MBS following strong technical support, now could be an opportune time to redeploy into this sector.

 

 

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Contacts


T. Rowe Price

T. Rowe Price is a global asset management firm founded in 1937, with USD $1.8 trillion1 in assets under management and offices in 17 markets across four continents. Our investment philosophy is built on proprietary credit and equity research, disciplined risk management, and a collaborative, client-focused culture. We are dedicated to delivering investment excellence and tailored solutions for individuals, advisors, institutions, and retirement plan sponsors.

Since 1985, T. Rowe Price has managed insurance assets and currently oversees USD $35 billion1 in Insurance General Accounts for U.S. and international clients through T. Rowe Price and its subsidiaries.

Our deep fundamental expertise, combined with engaged and integrated relationship and investment management teams, enables us to provide insurance clients with thoughtful partnerships focused on compelling risk-adjusted outcomes. This highly interactive approach to client engagement is a key differentiator that reinforces T. Rowe Price’s service-oriented culture.

Ben Riley 
Head of Insurance 
benjamin.riley@troweprice.com 410-345-2223

Chase Uhlein, CFA
Senior Relationship Manager
chase.uhlein@troweprice.com 410-577-3077

Blayze Hanson, CFA
Senior Relationship Manager
blayze.hanson@troweprice.com

Taylor Davis 
Relationship Manager 
taylor.davis@troweprice.com 410-577-2054

1307 Point Street
Baltimore, MD 21231

 

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