Private Equity Eyes European Insurers Betting on Returns Boost

  • Buyout firms more involved in insurance deals, BlackRock says
  • Insurers deploy cash into infrastructure and private assets
The DAX Index curve is displayed inside the Frankfurt Stock Exchange.Photographer: Alex Kraus/Bloomberg
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For years, Europe’s insurers have suffered because of low or even negative interest rates that depressed investment returns. Private equity firms say they’re ready to help.

The firms are increasingly getting involved in insurance deals in the region, betting their investing expertise can help lift returns from managing premium income, according to Patrick Liedtke, head of the financial institutions group in Europe, the Middle East and Africa for BlackRock Inc.