Strategic Asset Management in Life and Annuity Insurance

Asset Managers Play Increasingly Strategic Roles in Life/Annuity Insurance Sector

In a recent analysis, KBRA explores the evolving paradigm between life and annuity insurers and asset managers. This study highlights a trend initiated in early 2022, denoting a significant shift in the insurance industry's landscape. Private equity and alternative asset managers have become instrumental in bridging critical gaps, leading to an upswing in mergers, acquisitions, and reinsurance initiatives. These movements are transforming traditional and emerging firms into competitive annuity providers through enhanced business activities.

As collaboration frameworks advance, the industry witnesses diversification in transaction structures and participant profiles. Investment entities and life/annuity insurers are forming broader strategic alliances, contributing to ongoing stability. KBRA's research underscores the importance of these alliances in maintaining the sector's resilience, supported by regulatory compliance requirements and strategic risk management approaches.

KBRA delivers independent ratings across global jurisdictions, including the United States, European Union, the UK, Taiwan, and Canada. These insights are crucial for global insurers evaluating regulatory capital allocations. For further details on these findings, KBRA's comprehensive report is available upon request.

Contacts for More Information:

• Donna Halverstadt, Managing Director
  Contact: +1 646-731-3352
  Email: donna.halverstadt@kbra.com
• Peter Giacone, Senior Managing Director
  Contact: +1 646-731-2407
  Email: peter.giacone@kbra.com
• Media Inquiries:
  Adam Tempkin, Senior Director of Communications
  Contact: +1 646-731-1347
  Email: adam.tempkin@kbra.com
• Business Development:
  Tina Bukow, Managing Director
  Contact: +1 646-731-2368
  Email: tina.bukow@kbra.com