This subsidiary is Athene Annuity & Life Assurance Company, a Delaware-domiciled insurer in the retail fixed and indexed annuities and reinsurance business. Aviva USA will be renamed Athene USA.

Release Summary. Athene Holding Ltd., a Bermuda-based insurance holding company, announced today that it will acquire Aviva plc’s U.S. annuity and life insurance operations for $1.55 billion.

By Linda Koco InsuranceNewsNet. Regulators in Iowa and New York approved the closely watched acquisition of fixed annuity insurer Aviva Life and Annuity Co. and its subsidiaries by Athene Holding.

Aviva PLC is shopping its U.S. life and annuities business and is in talks with external parties on a deal. In statement released Thursday confirming that the company is for sale, Aviva chairman ...

Iowa-based Aviva will be acquired by a Bermuda insurance holding company.Athene Holding Ltd. announced in a news release that the company will acquire Aviva PLC’s annuity and life insurance ...

Moody's Investors Service Inc. has downgraded Aviva Life and Annuity Co.'s insurance financial strength ratings to Baa1, from A1, as its parent prepares to sell the unit.

The amalgamation has substantially expanded Aviva’s footprint within the U.S. life/annuity markets as Aviva USA doubled its sales from 2006 to 2008, one year ahead of Aviva’s stated target.

With those prospects dangled in front of her, Lynch shelled out $65,000 for an indexed annuity issued by what is now Aviva USA. Lynch and her heirs realized only afterward that the downside ...

British insurance company Aviva (NYSE:AV) inked a $1.8 billion pact on Friday to unload its American annuity and life insurance businesses to Athene Holding. The move is part of Aviva’s strategy ...

Three former Dewey & LeBoeuf executives are asking a federal judge in Iowa to reconsider their request to put a civil suit by Aviva Life and Annuity Company on hold until a criminal case pending ...

Athene Annuity And Life Company. Follow. 1 results. November 14, 2023. India searches Aviva Life Insurance office for alleged tax evasion-sources.

Aviva PLC (OTCPK:AVVIY) (AV.L) shares haven't gotten much love from the market since my last update on this top-10 global life insurance company. It hasn't been a great stretch for the group as a ...