News

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. 

PEMBROKE, Bermuda – Athora Holding Ltd. (together with its subsidiaries, “Athora”) announced today that it will acquire Generali Belgium S.A. (“Generali Belgium”), the Belgium-based subsidiary of international insurance group Assicurazioni Generali S.p.A.  Cash consideration for the transaction will be approximately €540 million.

PEMBROKE, Bermuda, April 9, 2018 — Athora Holding Ltd. (together with its subsidiaries, “Athora” or the “Company”) has agreed to sell the entirety of the offshore bond portfolio of its wholly owned subsidiary, Aegon 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. The offshore bond product allows customers to invest in a variety of underlying funds in a tax-efficient manner.  The Sale is expected to close in the final quarter of 2018, subject to regulatory approvals, and terms of the Sale were not disclosed.