A consortium of insurers and asset managers completed an acquisition targeting the development of the closed life insurance market in Europe, highlighting increased institutional interest in closed book portfolios.

AM Best's report reveals a growing trend of U.S. life and annuity insurers outsourcing investment management to third-party asset managers, driven by private equity involvement and the need for diversified asset portfolios.

Legal & General teams with Blackstone to provide clients access to private credit funds, enhancing annuities and asset management amid rising insurer interest in alternative investments.

Sixth Street finalizes $5.1 billion acquisition of Enstar Group, marking a transition to private ownership and Nasdaq delisting, impacting the reinsurance market dynamics.

Third-party managed insurance assets reach $4.5 trillion in 2024, driven by strong growth in fixed income and private asset investments. Key managers and consultants detailed.

ReliaStar Life Insurance Company of New York reports Q1 2025 financials highlighting strong capital positions, asset allocations, and operational income amid regulatory compliance.

AM Best affirms stable A (Excellent) financial strength and credit ratings for Aetna Health & Life Group and CVS Health subsidiaries, highlighting strong capital adequacy and improved underwriting outlooks for 2025.

Manufacturers Life Insurance significantly reduces stake in WPP plc amid other institutional investors' varied positioning; WPP's stock shows mixed analyst ratings and recent dividend increase.

Canadian Natural Resources sees increased investment from The Manufacturers Life Insurance Company and other institutional investors, alongside a dividend increase, signaling confidence in the energy sector's equity opportunities.

Tokyo-based insurer MS&AD plans a Y700bn investment to grow its North American operations, aiming to double profits by 2025 amid strategic mergers and regulatory focus.