The period post the global financial crisis from 2009 to 2018, has seen two phases of institutional investments by private equity firms, sovereign wealth funds, insurance funds, pension funds and family offices.
Ethos, the startup marketing a new life insurance product for people who probably haven't really thought about life insurance, may have 99 startup problems but new capital ain't one.
SoftBank's Vision Fund plans to pump more money into insurance, a sector it sees as both ripe for disruption and a potential booster for its bigger bets in cars, health and financial services. In the past year, SoftBank has backed China's largest online insurer and India's biggest online insurance distributor. These insurance bets totaling nearly $3 billion are just the start.
The once sleepy world of insurance has become the hot ticket for venture investors. Insurance technology companies have raised multiple billions as VCs finance industry disruptors and enabling technologies for established players to fend off new technology-based challengers.
Private equity and venture capital firms are opening up their investment kitty to fund a new wave of companies in the insurance sector, particularly those in the digital insurance space.
Nationwide Exploring 'New Ventures To Compete In The Future' | Christopher Graham, Chief Investment Officer | Q&A
Christopher Graham is the chief investment officer at Nationwide Insurance, where he oversees the $67 billion mutual fund complex. In this interview, he discusses why his goal is to get the best institutional asset managers interested in the '40 Act space; why insurance firms should be thought of early on when deploying assets; and how Nationwide is exploring venture capital and technology investments through its new platform.
Eric Kirsch is the executive vice president and global chief investment officer at Aflac, where he oversees the $100 billion-plus investment portfolio and investment teams based in New York and Tokyo. In part two of this interview, he discusses what it's like leading Aflac's Global Investments team through very challenging periods, Aflac's asset allocation strategy and the three main trends that he foresees in the investment environment.
Positive Outlook On U.S., Japanese Credit Market Despite Headwinds | Aflac, Global CIO Eric Kirsch | Q&A, Part 1
Eric Kirsch is the executive vice president and global chief investment officer at Aflac, where he oversees the $100 billion-plus investment portfolio and investment teams based in New York and Tokyo. In part one of this interview, he discusses the nuances of leading the investment office at an insurance firm and an endowment; prepping for a turn in the U.S. credit cycle; how the new tax code positively impacts Aflac; and dealing with the fiscal and monetary headwinds in Japan.
Blackstone Group LP has bigger plans for insurance companies than just managing their money. The world’s largest private equity firm is expanding into a lucrative business dominated by BlackRock Inc.: portfolio risk analytics.