News

BRUSSELS, Belgium  – Generali Belgium S.A. officially became Athora Belgium S.A. on 31 May 2019. This name change represents the final stage in the acquisition of Generali Belgium by Athora Holding as announced on 18 April 2018. 

PEMBROKE, Bermuda – Athora Holding Ltd. (together with its subsidiaries, “Athora”) is pleased to announce that members of its group have been assigned inaugural credit ratings by AM Best. 

PEMBROKE, Bermuda - Athora Holding Ltd. (together with its subsidiaries, “Athora”) today announced that it has completed the acquisition (“Acquisition”) of Generali Belgium SA / NV (“Generali Belgium” or the “Company”), the Belgium-based insurer. The final consideration paid is approximately €540 million. The Company will be rebranded to Athora Belgium prior to the end of the second quarter of 2019.

PEMBROKE, Bermuda - Athora Holding Ltd. (together with its subsidiaries, “Athora” or the “Company”) has completed the sale of the entirety of the offshore bond portfolio of its wholly owned subsidiary, Athora Ireland plc, to Utmost Ireland DAC, a wholly owned, Dublin-based subsidiary of Life Company Consolidation Group (“LCCG”) (the “Sale”). The offshore bond portfolio represents approximately £3 billion of assets under management for approximately 7,000 UK-based customers. Terms of the Sale, which was first announced in April 2018, were not disclosed.

PEMBROKE, Bermuda – Athora Holding Ltd. (together with its subsidiaries, “Athora”) is pleased to announce that members of its group have been assigned inaugural credit ratings by Fitch Ratings.