Brookfield Asset Management gets rating for Cayman reinsurer North End Re

Brookfield Asset Management Inc., the giant Canadian headquartered alternative asset manager that has around $575 billion of assets under management, continues to expand its reinsurance operations with a rating from AM Best now secured for its Cayman Islands based reinsurer North End Re (Cayman) SPC. Brookfield Asset Management became the latest read the full article →

KKR deepens Global Atlantic’s “access to long-term strategic capital” – CEO

Insurance-linked synergies are rife in the just completed transaction that saw private equity and buyout giant KKR & Co. L.P. (or Kohlberg Kravis Roberts) acquiring life and retirement focused insurance and reinsurance firm Global Atlantic Financial Group. The pair announced the completion of the strategic transaction yesterday and Global Atlantic now read the full article →

Brookfield Asset Management launches reinsurer targeting annuity premium float

Brookfield Asset Management Inc., the giant Canadian headquartered alternative asset manager that has around $575 billion of assets under management, is expanding in the reinsurance space with an annuities strategy through which it expects to secure up to $10 billion of additional float at the start. Brookfield is just the latest read the full article →

KKR’s acquisition of Global Atlantic shows PE’s attraction to float & sidecars

Private equity and alternative investment giants of the world are increasingly demonstrating why access to insurance premium float, as a form of assets under management, is an attractive prospect, with KKR's acquisition of Global Atlantic the latest clear example. It also shows their appreciation for bringing third-party capital into re/insurance. As read the full article →

Apollo hits record $414bn AuM thanks to insurance deals & ACRA

We often discuss the investing fire-power that insurance and reinsurance deals bring to major players, such as Warren Buffett's Berkshire Hathaway. But, perhaps the real lead example of insurance related investment float accumulation is Apollo Global Management, Inc. Apollo has hit a new high of $414 billion of assets under its read the full article →

Fosun completes acquisition of remaining 80% of Ironshore

Fosun International Limited has now completed its acquisition of the remaining 80% of Ironshore that it did not already own, helping it to grow its footprint in insurance and reinsurance, as it becomes a more insurance-oriented investment group. Fosun, a privately held China grown but globally focused investment and asset management read the full article →

Fosun bids to buy the 80% of Ironshore it does not own

Fosun International Limited is taking steps to increase the contribution of insurance and reinsurance to its business, bidding to buy the rest of re/insurer Ironshore as it seeks to become an insurance-oriented investment group. Fosun, the privately owned global investment and asset management conglomerate, wants to follow a Warren Buffett styled read the full article →

Fosun hails ‘Buffett model’, set to acquire more re/insurance firms

Private-owned global investment and asset management conglomerate, Fosun International Limited’s adoption of Warren Buffett’s reinsurance and investment model is proving to be a success, as the China-based organisation eyes further acquisitions. The Shanghai firm has been taking big steps towards its goal of becoming an “insurance-oriented investment group” since its 80% read the full article →

Re/insurance. The engine of Berkshire Hathaway: Warren Buffett

Warren Buffett's much-anticipated 50th anniversary letter to Berkshire Hathaway investors was published on Saturday and the 'Sage of Omaha' explained that insurance and reinsurance has been "the engine" that propelled the firm's expansion. Buffett's was the first to truly discover the value of insurance premium float, by building huge pools of read the full article →

How Berkshire Hathaway thinks of reinsurance float: Warren Buffett

Today saw the publication of one of the most interesting shareholder letters of the year, high-profile investor Warren Buffett's letter to shareholders in his diversified investments, insurance and reinsurance firm Berkshire Hathaway. Buffett's Berkshire Hathaway is perhaps the archetypal follower of the hedge fund style, or asset manager backed, reinsurance strategy read the full article →