Private equity firm Cinven has divested a life insurer, reflecting the growing attention on such ownership models within the financial industry. The sale comes amid increasing scrutiny of private equity’s role in the insurance sector. Further details on the terms of the sale and the identity of the insurer were not immediately available.
The Financial Times has comprehensive coverage of this story and the broader implications of private equity involvement in the financial sector. Additional information, expert analysis, and related content can be found on the FT website.