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KKR Solidifies Push Into Insurance With $2.7 Billion Deal

Private-equity firm KKR said Wednesday it is buying the rest of retirement and life-insurance company Global Atlantic for $2.7 billion.In 2021, KKR purchased the lion’s share of Global Atlantic, which boosted the investment giant’s assets under management. KKR is now purchasing the 37%...

Florida appeals court sides with homeowner over insurance law

TALLAHASSEE — In an issue that might ultimately have to be sorted out by the Florida Supreme Court, an appeals court has sided with a Collier County homeowner in a dispute about a 2021 law that placed additional hurdles to filing lawsuits against...

BNP Paribas Cardif buys 51% of ICCREA’s insurance arm

MILAN, Nov 27 (Reuters) - BNP Paribas Cardif has bought a majority stake in the insurance arm of Italy's BCC ICCREA under an agreement that will enable it to sell life insurance through the cooperative group's banks for 15 years, the two companies...

This company wants to buy your insurance business

"It turns out owning insurance distribution is a great investment," Manchester said, referring to brokerages. "Well, what if you owned hundreds of them? Now, we start getting into why the A.J. Gallaghers of the world want...