Iowa OKs Athene buy of Aviva
August 19, 2013 by Elizabeth Festa
The $1.55 billion acquisition of Aviva USA Corp. and its subsidiaries, including Aviva Life and Annuity Co., by Athene Holding Ltd. got the green light from Iowa’s insurance regulators today. The aquisition is subject to tightened conditions and restrictions, including a review of all money exiting the annuity company, and a bolstering of reserve requirements.
Athene is affiliated with alternative investment manager (AIM) Apollo Global Management LLC through Athene Asset Management LLC. Click here to read…
Originally Posted at LifeHealthPro on August 16, 2013 by Elizabeth Festa.
Categories: Industry Articles