INS
Insurance Companies
Insurers deploying general-account and annuity capital.
LP & Institutional CapitalInvestor typeGlobal
Target market
Private credit, buyout and yield strategies
Geography
Global
Overview
Insurance companies invest their general accounts and annuity liabilities across private markets, increasingly favouring private credit and yield-oriented strategies. Their capital has grown sharply as several large managers have acquired or partnered with insurers.
Key facts
- Deploy general-account and annuity reserves
- Especially large in private credit and yield strategies
- Constrained by regulatory capital treatment
- Several GPs now own or partner with insurers