By: Russ Kamp, Managing Director, Ryan ALM, Inc.

We are pleased to share with you Ryan ALM Inc.’s 3Q’24 Newsletter. As you will read, the third quarter saw asset values continue to grow, while liabilities also increased due to falling US interest rates. However, asset growth has far exceeded liability growth in 2024 leading to improved funded ratios for all DB plan types. In addition, the current level of US rates is supportive of derisking strategies. Given elevated valuations, it makes sense to reduce risk before the markets impact the improved funded status.

As always, we encourage you to reach out to us with your questions. We want to be your source for anything liability-related. Please don’t hesitate.