Athora Announces Closed Life Book Transaction with AXA Germany
Posted on 07/15/2022
Athora Holding Ltd., a European savings and retirement services group, has announced that its subsidiary, Athora Deutschland GmbH (Athora Germany), has agreed to acquire a closed book portfolio of deferred annuities and endowments of the former DBV-Winterthur Life (DWL) from AXA Germany, representing €19 billion in assets under administration (AuA), for a purchase price of…