Dossier
American Equity
Coverage of American Equity in the Nexus archive.
- Private equity pushes insurance to get risky
Private equity's investment in life insurance companies has shifted risk profiles, pushing insurers toward alternative assets and creating 'zombie insurers' at risk of failure. Anant Bhalla, former CEO of American Equity, warns this trend prioritizes high-risk investments over traditional bonds, with AM Best data showing higher returns but increased risk for portfolios managed by Wall Street-backed insurers.