Announced

Achmea, Lifetri and Sixth Street to form Achmea Pension & Life Insurance.

Synopsis

Achmea, an insurance and financial services provider, Lifetri, a Dutch insurance group, and Sixth Street, a global investment firm, agreed to form Achmea Pension & Life Insurance, a joint venture focused on pension and life insurance. Financial terms were not disclosed. "This setup brings together the best of both worlds. A customer-centric approach, combined with capital strength and asset origination capabilities, creates good value for our customers. This is a positive outcome of the strategic reassessment we announced earlier this year," Rutger Zomer, Lifetri CEO.

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