Resources for Insurance Companies
Insurance company membership has grown at a rapid rate as firms increasingly recognize the value of FHLBank Boston products and services. Our team of experts and prominent industry specialists share their opinions about the advantages of being a member.
Membership Overview for Insurers
To learn about the benefits of FHLBank Boston membership, please view these slides or contact Matt Stewart, vice president, director of sales.
Funding Strategies for Insurance Companies
FHLBank Boston offers an expansive line of products and services and provides you with solutions and strategies to help you maximize your membership. View our webinar to explore funding strategies.
Opportunities for Insurers with FHLBanks
Read what well-respected investment management firms have to say about the value of FHLBank membership below:
Voya Investment Management's head of insurance portfolio management joined FHLBank Boston for this webinar to explain how insurers can add durable, low-cost external leverage to lower-volatility assets via advances to enhance risk-adjusted return potential.
In this informational summary, New England Asset Management (NEAM) spotlights the benefits that Federal Home Loan Banks can provide to their insurance company members.
Fort Washington examines how using a spread-based borrowing program to invest low-cost FHLBank advances in higher earning assets can generate a target rate of return on capital in this piece.
Enhancing Investment Yield and Total Return
A combination of attractive yields, efficient capital treatment and FHLBank mission-oriented collateral make residential mortgage loans a compelling investment opportunity for insurance companies. Read this white paper from Shelter Growth Capital Partners to learn more.
Wellington Management's white paper, "Loans from Federal Home Loan Banks: An Opportunity for U.S. Insurers to Enhance Investment Yield and Total Return," the investment firm discusses how FHLBanks lend to insurers at very competitive rates and provides examples of customized investment solutions that capitalize on these advantages.
How Insurers Use FHLBanks
Many insurance companies have been using Federal Home Loan Bank programs where a qualified financial institution can borrow funds at attractive rates. This paper, written by Bruce & Bruce, illustrates how a company can take advantage of an FHLB program to improve its investment returns.
Conning is a leading investment management firm with a long history of serving the insurance industry. In Conning’s June 2023 Viewpoint, they have written “FHLB for Insurers: A Source of Liquidity During Market Dislocations”. Click here for access to the paper.
Join Us
Our list of insurance company members is growing and includes:
- A.I.M. Mutual Insurance Company
- Aetna Life Insurance Company
- Alliance of Nonprofits for Insurance, RRG
- American European Insurance Company
- American Excess Insurance Exchange, RRG
- Amica Life Insurance Company
- Amica Mutual Insurance Company
- Arbella Mutual Insurance Company
- Aspen American Insurance Company
- Aspen Specialty Insurance Company
- Barnstable County Mutual Insurance Company
- Blue Cross & Blue Shield of Rhode Island
- Blue Cross and Blue Shield of Massachusetts HMO Blue, Inc.
- Blue Cross and Blue Shield of Massachusetts, Inc.
- Blue Cross and Blue Shield of Vermont
- Boston Mutual Life Insurance
- Citizens Insurance Company of America
- Commonwealth Annuity and Life Insurance Company
- Community Hospital Alternative for Risk Transfer (A Reciprocal RRG)
- Connecticut Attorneys Title Insurance Company
- Coverys RRG, Inc.
- Danbury Insurance Company
- Depositors Insurance Fund
- Dorchester Mutual Insurance Company
- Eastern Dentists Insurance Company, RRG
- Empower Annuity Insurance Company
- Fallon Community Health Plan, Inc.
- Farmers Property and Casualty Insurance Company
- First Allmerica Financial Life Insurance Company
- Fitchburg Mutual Insurance Company
- Hartford Fire Insurance Company
- Hartford Life and Accident Insurance Company
- Harvard Pilgrim Health Care, Inc.
- Hingham Mutual Fire Insurance Company
- Hospitality Mutual Insurance Company
- Housing Authority Property Insurance, A Mutual Company
- Housing Authority Risk Retention Group, Inc.
- ICI Mutual Insurance Company, RRG
- Integris Insurance Company
- Knighthead American Life Insurance Company
- Lexington Insurance Company
- Liberty Mutual Insurance Company
- Maine Employers’ Mutual Insurance Company
- Massachusetts Credit Union Share Insurance Corporation
- Massachusetts Mutual Life Insurance Company
- MCIC Vermont (A Reciprocal RRG)
- Medical Professional Mutual Insurance Company
- MEMIC Casualty Company
- MEMIC Indemnity Company
- Merit Life Insurance Company
- MMG Insurance Company
- Narragansett Bay Insurance Company
- Nassau Life and Annuity Company
- Nassau Life Insurance Company
- National Life Insurance Company
- New London County Mutual Insurance Company
- Norfolk and Dedham Mutual Fire Insurance Company
- Odyssey Reinsurance Company
- Patrons Co-operative Fire Insurance Company
- Peerless Insurance Company
- PHL Variable Insurance Company
- Providence Mutual Fire Insurance Company
- Quincy Mutual Fire Insurance Company
- Safeco Insurance Company of America
- Safety Insurance Company
- Savings Bank Mutual Life Insurance Company of Massachusetts
- Starmount Life Insurance Company
- Talcott Resolution Life & Annuity Insurance Company
- Talcott Resolution Life Insurance Company
- The Beacon Mutual Insurance Company
- The Commerce Insurance Company
- The Hanover Insurance Company
- The Ohio Casualty Insurance Company
- Union Mutual Fire Insurance Company
- United Educators Insurance, A Reciprocal RRG
- Unum Life Insurance Company of America
- Vantis Life Insurance Company
- Vermont Mutual Insurance Company
- Voya Retirement Insurance and Annuity Company
- Yosemite Insurance Company
Benefits of Membership
Membership in the cooperative offers you a wide variety of products and services.
Process to Apply
Just follow these simple steps to apply for membership.