Victor Hai

Oct 9, 2024 | liferisk.news | Matthew Rose |Victor Hai

Private equity-backed reinsurers’ appetite for Asian life insurance assets is unlikely to be sated any time soon, as there is $2 trillion of assets/liabilities under management that are currently providing sub-par capital returns. Shareholder pressure and new capital standards are likely to drive companies in Japan to move first. As of December 31, 2023, private equity-backed reinsurance transactions representing $25 billion of assets had occurred in Asia, only 2 percent of the addressable total.