Private equity provides buyers as insurers divest

Private equity firms are snapping up assets as insurers divest their less profitable arms in difficult times. But regulators are concerned at the implications of fast-money firms owning long-term life businesses. Louie Woodall reports

Private equity strategy

Insurance groups wax and wane at the bidding of the economic cycle like any other business. In the manner of living organisms, they grow, they divide and, occasionally, degenerate and perish. During the past few years the giants of the European insurance landscape – including Axa, Generali and Aviva – have all sought to restructure and, in most cases, shrink their operations to adjust to the post-crisis reality. 

In the past six months, Aviva has sold business assets in Turkey and Italy, Axa has

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here