Episode 15: Meet Sanjay Chawla, CIO of FM Global

In this episode of the InsuranceAUM.com Podcast, host Stewart Foley, CFA, sits down with Sanjay Chawla, Chief Investment Officer at FM Global, to discuss his career journey from corporate pensions to leading investments at a major insurance company. Sanjay shares how his diverse experiences in corporate treasury, risk management, and asset allocation have shaped his approach to managing insurance general account assets. He also discusses the fundamental differences between pension investing and insurance portfolio management, offering valuable insights for seasoned professionals and young investors alike.

The conversation explores the unprecedented volatility of 2020, the importance of risk management in navigating economic uncertainty, and the role of technology in modern investment strategies. Sanjay also shares his perspective on total return vs. book yield, the integration of private assets in an insurance portfolio, and how asset managers can better serve insurance clients. Whether you’re an industry veteran or an aspiring investment professional, this episode delivers key takeaways on leadership, risk, and investment decision-making in today’s dynamic market environment.