Reinsurance News
KKR
Peak Re secures KKR and Quadrantis Capital as new minority investors
21st October 2025
Funds managed by KKR, a global investment firm and Quadrantis Capital, a Portuguese investment management business, have entered into definitive agreements to acquire minority stakes in Hong Kong-based global reinsurer, Peak Reinsurance Company Limited (Peak Re), via Peak Reinsurance Holdings Limited. The transactions are expected to close in the fourth quarter ... Read the full article
Onex Partners to acquire Integrated Specialty Coverages from KKR
22nd September 2025
Onex Partners, a private equity platform, will acquire Integrated Specialty Coverages (ISC), a tech-enabled insurance platform that designs, underwrites, and distributes insurance solutions, from KKR. Since KKR's initial investment in 2021, ISC has significantly scaled its business through targeted investments in technology and data, expansion of its specialty retail and wholesale ... Read the full article
Japan Post Insurance invests $2bn in Global Atlantic reinsurance sidecar
30th July 2025
Japan Post Insurance, KKR, and Global Atlantic (a wholly owned subsidiary of KKR) have signed definitive agreements under which Japan Post Insurance will invest $2 billion in a new vehicle sponsored by Global Atlantic, marking the latest milestone in their strategic partnership. Japan Post Insurance’s commitment represents over 50% of the ... Read the full article
KKR leads Series C funding of $93m into Vitesse
24th May 2024
London domiciled Vitesse, a global insurance fintech, has completed a $93 million Series C funding round led by global investment firm, KKR, subject to customary regulatory approvals. Existing investors who participated included Hannover Digital Investments. The investment will support Vitesse’s expansion efforts into the US, whilst enabling the firm to continue ... Read the full article
Insurers are likely to add to alternatives allocations, says KKR
17th May 2024
A recent insurance survey released by global investment firm KKR has highlighted a sharp recovery in allocations to investment-grade fixed income as rates rebounded over the past three years, as well as considerable resilience for nontraditional investments such as private equity and structured credit. However, despite higher rates, insurance company Chief ... Read the full article
KKR completes acquisition of remaining 37% of Global Atlantic
3rd January 2024
KKR & Co. Inc. has announced the closing of the previously-announced transaction in which it is acquiring the remaining 37% of Global Atlantic Financial Group LLC, increasing KKR’s ownership to 100%. KKR acquired a majority of Global Atlantic in 2021, and since that time has served as Global Atlantic’s asset manager. The ... Read the full article
London’s Pension Insurance Corp reportedly a target for large private equity firms
15th December 2023
The Financial Times has reported that Apollo, Carlyle, and KKR are all exploring bids for London-based Pension Insurance Corporation (PIC) ahead of the deadline, citing people familiar with the matter. Earlier this year, PIC announced a record £6.5 billion UK pension buy-in deal with the RSA UK Pension Trustees. It's ... Read the full article
KKR set to acquire remaining 37% of Global Atlantic for $2.7bn
29th November 2023
KKR & Co. Inc. has announced a definitive agreement under which it will acquire the remaining 37% stake in the insurance company Global Atlantic, increasing its ownership to 100%. KKR will fund the transaction from its balance sheet, which had $23 billion of cash and investments as of September 30, 2023. ... Read the full article
Japan Post Insurance in strategic partnership with KKR & Global Atlantic for expansion, diversification
7th June 2023
Japan Post Insurance, KKR along with its subsidiaries, and Global Atlantic Financial Group announced a strategic partnership, enabling Japan Post Insurance access to KKR and Global Atlantic's platforms to enhance its growth and diversify its business portfolio into overseas markets. Additionally, Japan Post Insurance will make a material investment in a ... Read the full article
KKR invests in European insurance broker APRIL
30th November 2022
French insurance broker APRIL Group has announced it has signed a long-term strategic partnership with global investment firm KKR. KKR joins this “strategic” partnership as a majority shareholder. Details of the transaction have not been disclosed and it is yet to be approved. According to the announcement, by teaming up with KKR, ... Read the full article
KKR invests in Shriram General Insurance Company
13th April 2022
Global investment firm, KKR and Shriram General Insurance Company (SGI) have announced the signing of definitive agreements under which, subject to the receipt of the necessary regulatory approvals, KKR will acquire a 9.99% stake in SGI. KKR’s investment will help position SGI for continued growth in India’s fast-growing general insurance industry. Founded ... Read the full article
KKR’s Global Atlantic seals $4.8bn whole life reinsurance deal with AXA
13th July 2021
Global Atlantic Financial Group, the majority-owned subsidiary of investment giant KKR, has announced the completion of a $4.8 billion whole life reinsurance deal with China-focused units of AXA Group. It's the first block reinsurance transaction sourced from outside of the United States by Global Atlantic, as the company continues to expand ... Read the full article
KKR finalises Global Atlantic acquisition
5th February 2021
Global investment firm KKR & Co. has closed its previously-announced strategic transaction to acquire all outstanding shares of life and annuity provider Global Atlantic Financial Group. Global Atlantic has delivered strong performance since the transaction was announced in July 2020. Based on preliminary financial results of Global Atlantic as at ... Read the full article
Policygenius secures $100 million investment led by KKR
6th February 2020
InsurTech Policygenius, an online marketplace for comparing and purchasing insurance, has announced $100 million in Series D funding led by global investment firm, KKR. Existing major investors in Policygenius, which includes Norwest Venture Partners, Revolution Ventures, Susa Ventures, AXA Venture Partners, MassMutual Ventures and Transamerica Ventures, also participated in the latest ... Read the full article
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