Episode 54: Commercial Mortgage Loans: the ABCs of CML

In this episode of the InsuranceAUM.com Podcast, host Stewart Foley, CFA, sits down with Lynette Pineda, VP of Commercial Mortgage Investments at Securian Asset Management, to explore the world of commercial mortgage loans (CMLs). They discuss how CMLs compare to CMBS, the advantages of investing in middle-market commercial loans, and why insurance companies are increasing allocations to this asset class.

Stewart and Lynette examine the impact of COVID-19 on different property types, the role of CMLs in an insurance portfolio, and how these loans can offer an attractive risk-adjusted yield. They also cover underwriting best practices, liquidity considerations, and how Securian sources high-quality deals through its proprietary network.