Private equity in the German insurance industry

Dr. Johannes Schulte, LL.M. Partner, Hogan & Hartson - Munich, Sebastian Kost Associate, Hogan & Hartson – Munich

Private equity as an investment form is gaining ground in the German insurance industry. Against the background of rising pressure on returns, insurance companies increasingly invest in the asset class ‘private equity’ which comes up with strong long-term historical returns, in average ranging between 10% and 15%, and which already forms an essential part of insurance companies’ portfolios.