Allianz Completes Reinsurance Deal For $35B FIA Portfolio
January 11, 2022 by German Equity Markets (Web Disclosure) via PUBT
Allianz Life announced today that it has completed the reinsurance agreement with affiliates of Sixth Street, including Talcott Resolution Life Insurance Company, and Resolution Life, for a $35-billion fixed index annuity portfolio.
The transaction, announced on December 3, unlocks $4.1 billion in value and frees up regulatory capital for Allianz.
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Originally Posted at InsuranceNewsNet on January 7, 2022 by German Equity Markets (Web Disclosure) via PUBT.
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