Insurance

Tailored, long-term solutions for the evolving insurance landscape across Life and P&C

Provider of scaled solutions to the global insurance industry

$11b+

Insurance investments since inception1

~$130b

Insurance assets under advisement2

30+

Dedicated insurance professionals3

1,300+

Insurance portfolio company team members3

1. Insurance equity invested and committed as of 8/31/26

2. Insurance assets under advisement is presented as of September 2026 unless otherwise noted

3. As of September 2026

What we do

We partner with insurance companies and management teams across the insurance ecosystem to create tailored solutions by providing capital and services that enable long-term value creation.

Commitment to stewardship

Our goal is to serve as responsible stewards of capital for the policyholders of our insurance company partners. We work closely with management teams and strategic partners to support durable outcomes while maintaining a high focus on risk management and the long-term strength of each business.

Why partner with Sixth Street?

Our integrated global platform is powered by our flexible, long-term capital, specialized insurance expertise and an open architecture asset management model designed to develop bespoke solutions that strengthen insurers’ businesses.

Scaled insurance platform

The unique architecture of the Sixth Street platform provides highly flexible capital that can be deployed at scale to develop customized solutions for insurance companies across the Life and P&C spectrum, leveraging the firm's full breadth of investment and operational expertise globally.

Deep domain expertise

Our experienced team is primarily comprised of insurance professionals focused on governance, asset allocation, risk management, asset-liability management advisory and M&A. This team works closely with the asset origination teams within Sixth Street, including asset based finance, CLOs and other forms of private credit.

Differentiated operating model

Our open architecture asset management philosophy is designed to foster collaboration across the asset and liability sides of the balance sheet, creating alignment among Sixth Street, its insurance partners, insurance regulators, policyholders and investors.

Strategic capital solutions

Collaboration in action

Talcott Header Image - Sixth Street

Equity partnership

Originating as The Hartford’s life and annuity business, Talcott Resolution became an independent runoff platform in 2018 before Sixth Street’s 2021 acquisition. The partnership supported Talcott’s evolution into a leading aggregator and reinsurance provider in the U.S. life and annuity market. Since the acquisition, Talcott has more than doubled in size through strategic transactions with Allianz, Lincoln Financial, Principal Financial Group and other leading insurers. As of June 30, 2026, Talcott Financial Group has total assets under management of $136b and provides retirement and institutional risk solutions, combining longstanding insurance expertise with differentiated access to capital and asset origination through its partnership with Sixth Street.

Enstar

Equity partnership

Sixth Street completed the acquisition of Enstar, a leading global insurance group and provider of capital-release solutions, for a total equity value of $5.1b. Enstar continues to operate as a privately held, standalone company under its existing name and strategy. The transaction reflects Sixth Street’s ability to execute scaled, complex corporate acquisitions and partner with established management teams. Enstar has acquired more than 120 companies and portfolios since its formation and operates across Bermuda, the U.S., the U.K., Continental Europe, Australia and other international locations.

Joint venture

Sixth Street, Achmea and Lifetri finalized a strategic partnership that combined Achmea’s and Lifetri’s pension and life insurance portfolios into Achmea Pensioen & Levensverzekeringen N.V. (AP&L), a top-three player in the Dutch market serving more than 2.1m customers and a balance sheet of €45b, as of October 2025. Sixth Street contributed Lifetri and fresh capital in exchange for a 20.45% ownership interest in the joint venture. This ownership will contractually grow to 30% over time. The partnership combines Sixth Street’s long-term capital, insurance expertise and asset-origination capabilities with Achmea’s scale, risk and capital-management capabilities and customer-focused platform. It is positioned to pursue growth in the Dutch pension buyout market as well as the retail annuity market while expanding insured-solution offerings.

Sixth Street is a founding investor in Clara-Pensions, a member-first pensions consolidation company for defined benefit pensions schemes in the United Kingdom.

Strategic capital solution

Sixth Street co-founded Clara-Pensions, which in 2021 became the UK’s first TPR-approved pension superfund consolidator. Clara’s member-first model provides defined benefit schemes with bridge-to-buyout solutions, combining the platform's pension expertise with differentiated access to long-term capital through its partnership with Sixth Street. As of October 2026, nearly 23,500 members have been protected by Clara Pensions' solutions.

Sector expertise

Legal entity acquisitions across the value chain

Portfolio transfers

Reinsurance

Flow reinsurance

Balance sheet optimization

Specialized vehicles, including sidecars

News and insights

Let’s work together

Every great partnership starts with a conversation. Let’s discuss how we can accelerate your ambitions.