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NN Group, Athora team up to buy Anbang's Dutch unit

Posted On: Jun. 7, 2019 6:16 AM CST

Dutch insurer NN Group N.V. and Bermuda-based Athora Holding Ltd. have teamed up to buy Netherlands-based insurer Vivat N.V. from China-based Anbang Insurance Group Co. Ltd., De Telegraaf reported. Under the deal, NN Group purchased Vivat's nonlife business for €416 million ($469 million) while Athora acquired Vivat's life insurance and asset management operations.

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