Private Equity Firms Keep Eating U.S. Life Insurers

July 27, 2021 by Allison Bell

Very hungry financial caterpillars — private equity firms — continued to gobble up U.S. life insurance company investment assets in 2020. It’s still unclear to insurance regulators exactly what this means.

Analysts at the Capital Markets Bureau, an arm of the National Association of Insurance Commissioners, say private equity firms controlled a total of $471 billion in U.S. life insurance company cash and invested assets at the end of 2020.

Click HERE to read the full story via ThinkAdvisor

Originally Posted at ThinkAdvisor on July 20, 2021 by Allison Bell.