AIG Completes Sale of Stake in Life & Retirement Unit to Blackstone November 2, 2021 American International Group and Blackstone said they have closed on the previously disclosed transaction for Blackstone to acquire a 9.9%...
Pandemic Uncertainty Hasn’t Slowed Private Equity Investments in Insurance: S&P Global August 31, 2021 Private equity and venture capital firms have been pouring capital into insurance companies despite the uncertainties about claims and losses...
AIG Plans Sale of Life Business to Blackstone and in IPO July 14, 2021 By David French, Alwyn Scott and Nivedita Balu American International Group Inc. plans to use an IPO to sell part of its life and retirement business, while Blackstone...
Allstate to Sell Life Insurance Company to Blackstone for $2.8B to Grow in P/C January 27, 2021 By Susanne Sclafane The Allstate Corp. is selling Allstate Life Insurance Co. to entities managed by investment firm Blackstone for $2.8 billion. Explaining...
Blackstone’s Lombard Could Face Legal Issue with $1B-Plus of Unsigned Policies October 28, 2019 By Neil Weinberg and Karin Matussek For nearly a decade, Lombard International sat on a secret. It began to unravel in May 2016 when a wealthy...
Kentucky Pension Plan Case Raises New Worries for Asset Managers December 3, 2018 By Neil Weinberg KKR & Co., Blackstone Group LP and their founders must face a lawsuit alleging they failed to deliver hedge fund...
Blackstone Wants to Manage More Insurance Money April 23, 2018 By Joshua Franklin Bets on Spanish housing and oil assets helped Blackstone Group LP mitigate stock market jitters that weighed on it in...
Private Equity Firm Blackstone Eyes Insurance Data Analytics Business March 12, 2018 By Erik Schatzker and Melissa Mittelman Blackstone Group LP has bigger plans for insurance companies than just managing their money. The world’s largest private equity firm...
Blackstone Eyes Recapturing Anbang Insurance Assets Including Waldorf February 13, 2018 Blackstone Group LP, which scored big four years ago when a company it owned sold New York’s Waldorf Astoria hotel...
Blackstone Aims to Grow Insurance Asset Management to $100 Billion January 9, 2018 By Joshua Franklin Blackstone Group wants to quadruple to $100 billion the assets it manages at its new unit for insurers as it...