KKR eyes expanded role for insurance arm in India
Investment firm KKR & Co is preparing to bolster the activities of its Indian insurance division as it expands in private equity, infrastructure and credit across the nation, reported Bloomberg, citing senior executives. The firm’s insurance operations are led by US-based Global Atlantic Financial Group, which was bought completely by KKR in January 2024. KKR’s global co-chief executive officer Scott Nuttall said in a media briefing in Mumbai, India: “We are funding transactions in India through our insu ...