News

Wiesbaden, Germany — Athora Lebensversicherung AG (“Athora Leben“) is raising, for the second consecutive year, its surplus participation for life policies to a total interest rate of 4.0 percent for next year. This includes a current interest rate of 3% and a terminal bonus of 1%. With this current interest rate Athora Leben will be next year above this year's average interest rate of 2,29 percent for classic life insurance contracts in the German market.

PEMBROKE, Bermuda – Monday, October 12 – Athora Holding Ltd. in addition to Athene Holding Ltd. (“Athene”) (NYSE: ATH) and its reinsurance subsidiary, Athene Life Re. Ltd.(ALRe), Aspen Insurance Holdings Limited and Catalina Holdings (Bermuda) Ltd. announced a $3.5 million donation to the Bermuda College Foundation to create a Career Development Centre. Once established, the Centre and its programmes will help to enhance the Bermuda economy through increased access to workforce development and training, prometric certified assessment required for professional development and an expanded technology infrastructure that allows for research and development of innovative concepts. 

Brussels, Belgium, 2 June 2020 - Baloise Insurance has completed the purchase of the Athora Belgium non-life insurance branch. The transaction was announced on 4 November 2019 by both insurers and approved by the National Bank of Belgium in May 2020. With more than 360,000 insurance policies and about 150 additional employees, Baloise Insurance strengthens its position on the Belgian market. Today it ranks among the top 4 non-life insurers in Belgium. Athora Belgium will now concentrate fully on life insurance, where it is a key player.

PEMBROKE, Bermuda, 2 April 2020 – Athora Holding Ltd. (“Athora”) announces today the closing of the transaction to acquire VIVAT N.V. (“VIVAT”) from Anbang Group Holdings Co Limited. VIVAT is now part of Athora’s European group of life insurance companies. Athora and NN Group (“NN”) have also closed the follow-on sale of VIVAT Schadeverzekeringen N.V. (“VIVAT Non-life”) to NN. The finalisation of this transaction results in stronger companies in the Dutch life and non-life markets and enhanced customer offerings. It also confirms Athora’s position as the leading insurance consolidator in Europe with approximately 3 million customers, approximately €70 billion in assets, operations in the Netherlands, Germany, Belgium and Ireland, and an unrivalled regulatory track record relating to large, complex and innovative transactions.

AMSTELVEEN, Netherlands - Athora Holding Ltd. (“Athora”), an insurance and reinsurance group focused on Europe, announces that it has received the requisite Declaration of No-Objection (“DNO”) from De Nederlandsche Bank (“DNB”) for its acquisition of VIVAT N.V. (“VIVAT”) from Anbang Group Holdings Co. Limited (the “Transaction”). This means that final closing of the Transaction is expected in early April 2020 (“Closing”). NN Group (“NN”) has also received a DNO from DNB in relation to its follow-on acquisition of VIVAT Schadeverzekeringen N.V. (“VIVAT Non-Life”).