Corporate bond credit transition risk by James Sharpe and Andrew Smith

Published December 2025
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by James Sharpe and Andrew Smith

James SHARPE is an actuary and statistician with 25 years’ experience working with and advising insurance companies across the UK and Europe.
Andrew SMITH is an Assistant Professor at University College Dublin and course director for their Actuarial Science program and Honorary Fellow of the Society of Actuaries in Ireland, and of the UK Institute and Faculty of Actuaries.

 

James Sharpe and Andrew Smith argue that one of the most material risks for life insurance companies is associated with corporate bond transition and default risk.

Read the article here.

 

This article was published in The European Actuary No. 44 – December 2025

The European Actuary Magazine