Private-equity firms will keep buying life insurers: Cerulli
September 23, 2020 by Editorial Staff
‘A takeover of general account assets by a PE firm gives the insurer, in effect, an affiliated PE manager and the fee advantages typically seen in co-investing scenarios,’ a Cerulli Associates analyst reports.
As insurance firms remain challenged by a return to historically low interest rates, private-equity (PE)-driven mergers and acquisitions (M&A) have become an increasingly attractive option for both insurers and PE managers, according to Cerulli Associates.
Originally Posted at Retirement Income Journal on September 17, 2020 by Editorial Staff.
Categories: Industry Articles
