Athora to acquire Amissima Vita from Apollo.

Athora, an insurance and reinsurance group, agreed to acquire Amissima Vita, a provider of insurance services, from Apollo, a private equity firm. Financial terms are not disclosed. “We have been strategically building Athora’s presence across Europe and are excited about the opportunity Amissima Vita provides as an important entry for the Italian market, where we see significant demand for our products and solutions. We intend to play a key role in meeting the demand for life savings products with Amissima Vita’s distributors, and are committed to long-term growth in Italy. Furthermore, we have demonstrated the merits of our leading approach to investments, risk and capital management, which we are excited to bring to this market," Michele Bareggi, Athora Group CEO.