Private Equity Is Taking a Long, Hard Look at Insurance. So Far, It Likes What It Sees.

February 8, 2022 by Hannah Zhang

Private equity and other alternatives firms have long salivated over insurance company assets as a source of permanent capital. Now that trend has been kicked into high gear. 

Just look at deal making. In December, Allianz Life entered a reinsurance agreement with Sixth Street’s portfolio company Talcott and partner Resolution Life. Late last month, Sixth Street announced a $25 billion reinsurance transaction between an affiliate of Talcott Resolution and Principal Financial Group. 

Click HERE to read the full story via Institutional Investor

Wink’s Note: The 15 insurance companies that have private equity ownership in the indexed annuity space account for 40.99% of all indexed annuity sales. -sjm

Originally Posted at Institutional Investor on February 2, 2022 by Hannah Zhang.