Private Equity’s (PE) role in the United States financial landscape has dramatically grown in recent years. According to an article on accounting giant Deloitte’s website, PE deal activity has doubled in the last 10 years while listings on U.S. stock exchange have dramatically declined. Indeed, PE firms provide portfolio companies with needed capital, expertise, and ownership opportunities as an alternative to public listing or ownership.

The insurance sector has not gone unnoticed by PE firms. Reuters reported in June of this year that PE firms have spent nearly $40 billion buying U.S. insurance companies in recent years, “promising to earn higher returns on the mountains of money that insurers set aside to pay policyholders years or decades from now.” In fact, the National Association of Insurance Commissioners Capital Markets Bureau maintains a manually researched and constantly updated list of 177 insurance companies owned or controlled by PE as of Q4 2020.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]