private equity firms News

Chasing Yield, U.S. Private Equity Firms Nudge Up Risk on Insurers

NEW YORK — Private equity 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. …

Insurers Jostle to Give Dealmakers Cover for When Things Go Wrong

LONDON, Dec 11 — A record rebound in merger activity this year and a rise in litigation has brought with it an upsurge in insurance policies that give companies and private equity firms cover for when a deal goes wrong, …