NEWSLETTER of May 29, 2026

The following content has been added at finexpert:

Allianz Research
GLOBAL INSURANCE REPORT 2026: THE FUTURE OF INSURANCE IN A FRAGMENTING WORLD
According to the report, the global insurance industry is estimated to have grown by +7.1% to EUR6.9trn in 2025, adding EUR456bn to the global premium pool. Although growth moderated from the exceptional +9.4% recorded in 2024, it remained comfortably above the ten year compound average growth rate (CAGR) of +5.6%, confirming that the industry’s growth drivers remain firmly intact. Life insurance remained the largest segment (EUR2,861bn), followed by P&C (EUR2,320bn) and health (EUR1,688bn). Global premiums increased by +3.8% in 2025, well below both last year’s +8.5% expansion and the segment’s ten year CAGR of +5.6%, as pricing cycles matured and claims inflation began to stabilize. North America remained the industry’s dominant market, accounting for 52% of global P&C premiums, although growth slowed sharply to +2.2% from +9.7% in the previous year. Western Europe remained comparatively resilient with growth of +5.3%, while the Asian market was less dynamic expanding by only +4.0%. >more

Neuberger Berman
PRIVATE MARKETS OUTLOOK 1H 2026: BALANCING OPPORTUNITY AND COMPLEXITY
In our new report, we explore three themes shaping the private markets landscape today: how to navigate a widening array of investment structures, where we see the private equity cycle heading into mid-2026 and what AI disruption could mean for private companies. We believe investors and advisors should seek to understand key characteristics of different structures—including portfolio-valuation frequencies, redemption terms, investor eligibility and more—when assessing suitability in meeting long-term objectives. Top U.S. private equity sponsors continue to attract capital, portfolio backlogs may drive a rebound in exit activity and distributions seem to be recovering from their 2022 - 2023 lows. After surveying a host of leading private equity sponsors who have been deploying AI across their portfolios, we believe AI-driven disruption is unlikely to be uniform and nimble sponsors have the potential to capitalize on recent market dislocations within the software sector. >more

IMF
GLOBAL FINANCIAL STABILITY REPORT
The global financial system is confronting the ongoing war in the Middle East, potential inflationary pressures, rising risks of further tightening in financial conditions, and several amplification channels that could lead from market turmoil to financial instability. Cross-border portfolio flows to emerging markets, largely intermediated by non-bank financial institutions, offer important opportunities but also carry risks, including heightened sensitivity to shifts in global risk sentiment. >more

OECD
GLOBAL DEBT REPORT 2026
Global debt markets are navigating a difficult terrain. Geopolitical tensions, trade disputes, and an uncertain macroeconomic environment are adding pressure to already stretched markets. But debt markets have been resilient so far. This stability, however, masks deeper structural developments. The cost of long-term borrowing has risen, and the resulting shift in issuance towards shorter maturities increases refinancing risks. The growing role of more price-sensitive investors may also make debt markets more vulnerable to shocks. Their future resilience is therefore not guaranteed. This is particularly important as the scaling of AI and growing defence spending are expected to further increase borrowing from the markets. These challenges must be carefully managed to ensure that sovereign and corporate bond markets, with a combined size of USD 109 trillion, continue to provide stable financing to governments and corporations. >more

OUT OF SIGHT, OUT OF MIND: DIVESTMENTS AND THE GLOBAL REALLOCATION OF POLLUTIVE ASSETS
Tobias Berg, Lin Ma, and Daniel Streitz
2026
We document a global reallocation of pollutive assets as a response to investor pressure: large firms facing increased investor pressure divest foreign-located pollutive assets to firms that are less in the limelight. There is no evidence of increased engagement in any other emission reduction activities. We estimate that 369 million metric tons (mt) of CO2e are reallocated via divestments in the post-Paris Agreement period. Our results indicate that investor pressure to decarbonize reshapes the global conglomerate structure of large firms. >more

DO MUTUAL FUNDS WALK THE TALK? EVIDENCE FROM FUND RISK DISCLOSURE
Jinfei Sheng, Nan Xu, and Lu Zheng
2026
We examine the informativeness of fund risk disclosure by combining fund returns and textual data. We develop a novel measure, INF, to capture the explanatory power of disclosed risks for fund returns. Average INF is 55% after controlling for market risk and remains 26-29% after excluding risks related to fund name or strategy. We explain variations in INF through disclosure costs and benefits: 1) Funds with less informative disclosures face SEC comment letters and reduced flow, 2) Informative disclosures attract institutional flows, and 3) Performance concerns may disincentivize disclosure. Overall, funds face trade-offs between transparency and maintaining their competitive advantage. >more