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Reading: Allianz Strikes Deal Over Management of $35 Billion in U.S. Annuities
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The Wall Street Publication > Blog > Markets > Allianz Strikes Deal Over Management of $35 Billion in U.S. Annuities
Markets

Allianz Strikes Deal Over Management of $35 Billion in U.S. Annuities

Editorial Board Published December 3, 2021
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Allianz Strikes Deal Over Management of  Billion in U.S. Annuities
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German insurer Allianz SE said its U.S. life insurer had reached an agreement to reinsure liabilities of $35 billion, in one of the largest transactions of its kind.

U.S. subsidiary Allianz Life struck the deal with life insurance group Resolution Life and affiliates of investment firm Sixth Street, including Talcott Resolution Life Insurance Co., for a portfolio of fixed annuities.

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