ABN AMRO Life Capital is strategically positioned to become a leading run-off platform for Belgian life insurance business by consolidating Belgian closed life books. In order to implement its growth strategy as a run-off platform, the company acquires entire Belgian life insurers as well as single Belgian life portfolios in the scope of portfolio transfers.
The administration of several life portfolios via one central platform enables the company to realize significant cost synergies. In addition, smart and tailor-made asset management solutions ensure that all interests of policyholders will be preserved. This transaction has been approved by the Belgian regulator NBB.

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Investment details

• Run-off platform for Belgian life insurance business

• Consolidation strategy via follow-on acquisitions of further Belgian life companies and portfolios

• Focus on realization of cost synergies and implementation of intelligent asset management strategy

 

Seller

• ABN AMRO

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Buyer

• Benelux Life Run-off SCS

 

Exit

• Sale to Monument Re

 

News

 

28.03.2018       

Acathia´s exit approved: Benelux Life Run-off Group completes acquisition of ABN AMRO Life Capital Belgium N.V.

Press release – Benelux Life Run-off Group completes acquisition of ABN AMRO Life Capital Belgium N.V.pdf

 

18.09.2017       

Monument Re becomes sole investor in Acathia´s Benelux Life Run-off

Press release – Monument Re becomes sole investor in Benelux Life Run-off.pdf

 

02.08.2017       

​Benelux Life Run-off Group, established by Acathia, acquires ABN AMRO Life Capital Belgium N.V.

Press release – Benelux Life Run-off Group acquires ABN AMRO Life Capital Belgium N.V.pdf

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