30 May 2023
Venerable to Recapture Annuity Blocks from Athene
Author: admintech | Filed under: Press ReleaseWEST 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…