Private equity hungry for insurance investment

A cash injection syringe

However, the 40 private equity investors who took part in the survey, "Where is the Smart Money Going in Financial Services?", cited forthcoming regulation as a major hindrance to investment.

"Our survey indicates that there is a renewed interest in private equity houses investing in financial services firms with 90% of respondents predicting increased private equity activity in this sector,” said Peter Allen, head of the financial service group at Grant Thornton.

“This is a significant shift in

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