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AXA to offload closed German life and pensions portfolio to Athora

By Pallavi Madhiraju on July 18, 2022 General business news

French insurance giant AXA said that its German subsidiary — AXA Germany has agreed to divest a portfolio of €16 billion of life and pensions insurance reserves in Germany to Athora Deutschland (Athora Germany), a subsidiary of retirement services group Athora. As per the terms of the deal, AXA Germany will offload the portfolio to […]

Canada Life Reinsurance signs €4.7bn longevity deal with Athora Netherlands

By Pallavi Madhiraju on March 21, 2021 General business news

Canada Life Reinsurance said that it has signed a long-term longevity reinsurance deal with Athora Netherlands that covers €4.7 billion of in-force liabilities and 104,500 in-payment and deferred policies. Athora Netherlands is the Dutch subsidiary of European insurance and reinsurance group Athora. Jeff Poulin – Global Head of Canada Life Reinsurance said: “We are pleased […]