US insurers face declining income from private equity despite growth in holdings: AM Best

Share!

Reinsurance News - Oct 02, 2024

US insurers saw a second consecutive year of declining income from their private equity investments, which fell to $7.7 billion in 2023, down from $10.2 billion in 2022, according to AM Best, the credit rating agency. A recent Best’s Special Report highlights that US insurers’ private equity holding...

Read Full Article

Recommended Articles

AIG CEO doubles down on AI strategy amid complex risk landscape

Posted: Apr 01, 2026

In a letter to shareholders accompanying AIG’s annual report, chairman and CEO Peter Zaffino emphasi...

AM Specialty Insurance announces series of promotions

Posted: Apr 01, 2026

AM Specialty Insurance Group (ASIG), a provider of specialty insurance solutions, has announced a se...

Acrisure completes acquisition of MGA Vave from Canopius

Posted: Apr 01, 2026

Acrisure, a global fintech leader, has completed its previously announced acquisition of specialty r...