Private equity-owned insurers increased their stake in the industry’s admitted assets in 2022 by more than 15% on a year-over-year basis, according to a new AM Best special report.
Tag: private equity investment
Growth in Insurers’ Private Equity Investments Slowed Significantly in 2022
U.S. insurance companies’ private equity investments slowed in 2022, rising just 3.3% in 2022 to $132.0 billion, following a year of exceptional growth in the previous year, according to a new AM Best report.
USI Insurance Announces More than $1B New Equity Investment from KKR
USI Insurance Services, announced on Monday that its existing shareholder and global investment firm KKR is making a new equity investment of more than $1 billion in the company.
Hub International’s Market-Leading Position Attracts Investment by Leonard Green
Hub International Limited (HUB), a leading global insurance brokerage, announced today that it has entered into an agreement with Leonard Green & Partners, L.P. (LGP), a Los Angeles-based private equity firm.