Athora Deutschland Group (Athora Germany), based in Wiesbaden, was acquired in 2015. Athora Germany focuses on efficiently managing its closed book portfolio of traditional life, unit-linked and pension policies for c. 180,000 customers. At 31 December 2021, assets under administration were €5.8 billion.
Athora Germany’s regulated businesses are subject to regulatory supervision by the German Federal Financial Supervisory Authority (BaFin).
In July 2022, Athora announced that its subsidiary, Athora Deutschland GmbH (Athora Germany), had agreed to acquire a closed book portfolio of deferred annuities and endowments of the former DBV-Winterthur Life (DWL) from AXA Germany. The transaction is expected to close by the end of 2023 subject to receipt of requisite regulatory and other approvals. Click here for more information about the acquisition.