Zurich boss hits out at private capital giants’ European insurance drive
US private capital groups such as Apollo and KKR should expect challenges as they seek to expand in the European insurance sector, the chief executive of Zurich has warned.
“I’m not sure that the same asset-gathering philosophy that they’ve had in the US can work in Europe ”, Mario Greco told the Financial Пъти.
„ Те порастват на пазари, където регулаторният надзор е по-лек, в сравнение с в Европа “, сподели той, само че „ до момента в Европа те не са нарастнали както в Съединени американски щати. “
Apollo-Backing осигурител Атора през юли разгласи договорка с £ 5,7BN за пенсионерска група за пенсиониране в Обединеното кралство. People familiar with the deal said the move reflected a change in strategy after Athora struggled to expand in Europe.
Weeks later, Canadian alternative investments giant Brookfield said it had struck a £2.4bn agreement to acquire London-listed life insurer Just Group.
Zurich is one of Europe’s largest insurers and earlier this month reported forecast-beating half-year pr...
Прочетете целия текст »
