Life Insurance Policies Increasingly Owned by Private Equity, Asset-Management and Investment Firms

Americans own more than 160 million individual life insurance and annuity policies. A big, unexpected change is ahead for many of them. Traditional life insurers are leaving the business in droves. The responsibility for death benefits, which might be a half-century away, or for annuity income streams that run over decades, is increasingly in the… Continue reading Life Insurance Policies Increasingly Owned by Private Equity, Asset-Management and Investment Firms