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30 May 2023

Venerable to Recapture Annuity Blocks from Athene

Author: admintech | Filed under: Press Release

WEST CHESTER, Pa., May 30, 2023 /PRNewswire/ — Venerable Holdings, Inc. (Venerable), today announced an agreement for its wholly-owned subsidiary Venerable Insurance and Annuity Company (VIAC), to recapture approximately $2.8 billion of payout annuity reserves from Athene with an…