Reinsurance News

Athene Holding

Athene finalises deconsolidation of European operations AGER Bermuda

2nd January 2018

Athene Holding Ltd. has announced that it has completed the deconsolidation of AGER Bermuda Holding Ltd., which is the former holding company of Athene's European operations. As part of the deconsolidation of AGER from Athene, the former will change its name to Athora Holding Ltd., which will be launched sometime in mid-January, 2018. In ... Read the full article

Athene to reinsure $19 billion of Voya Financial annuity liabilities

21st December 2017

Athene Holding has entered into an agreement with Voya Financial to reinsure about $19 billion of fixed and fixed indexed annuity liabilities. Prior to the closing of the transaction which is set for the second or third quarter of 2018, Athene will evaluate a range of potential debt financing alternatives, which the ... Read the full article

Athene President talks “important” Lincoln deal and benefit of offshore strategy

18th August 2017

President of Athene Holding, Bill Wheeler, has praised the company's "important" flow reinsurance deal with Lincoln Financial Group, underlining the benefits of having an offshore strategy in the market. Athene Holding announced in early August that it had finalised a flow reinsurance treaty with Lincoln Financial Group, and President of the ... Read the full article

Athene enters pension risk transfer market with $320m deal

11th August 2017

Athene Holding Ltd., the life, retirement, annuity insurance and reinsurance group that is majority owned by investment giant Apollo, has entered the pension risk transfer space in the second-quarter of 2017. Athene entered into its first pension buy-out transaction during the quarter, with its Iowa life insurance subsidiary now set to ... Read the full article

Athene’s AGER continues European growth with Aegon Ireland acquisition

10th August 2017

AGER Bermuda Holding Ltd. has announced that it's to acquire Aegon Ireland plc for roughly 81% of the own funds of Aegon Ireland as of closing, which, as of June 30th 2017 were approximately £200 million ($260 million). AGER Bermuda is the holding company of Athene Holdings Ltd.'s European group companies, and ... Read the full article

Athene Holding and Lincoln Financial enter into flow reinsurance treaty

3rd August 2017

Athene Holding has finalised a flow reinsurance treaty with Lincoln Financial Group, under which Athene insurance subsidiaries will reinsure Lincoln's traditional fixed and fixed indexed annuities, with effect from August 1st, 2017. Jim Belardi, Chief Executive Officer (CEO) of Athene, said; “Athene is pleased to begin this new partnership with Lincoln ... Read the full article