Privately-Owned Insurers in the U.S. Life Insurance Industry
In the wake of the 2008/2009 global financial crisis, the U.S. life insurance industry underwent a spate of business sales/exits, spin-offs, and product changes in the 2010s which has continued through the 2020s. ALIRT has discussed many of the trends and factors that contributed to this transition, and one of the most impactful developments has been the increased number of life insurance companies owned by asset managers, private investment funds, and other private investor groups.
