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Venerable Completes Acquisition of Corporate Solutions Life Reinsurance Company


Venerable Completes Acquisition of Corporate Solutions Life Reinsurance Company
June 3, 2021
Venerable Holdings Inc. has completed its acquisition of Corporate Solutions Life Reinsurance Company (CS Life Re), a Delaware domiciled and New York licensed reinsurance company, from Equitable Holdings Inc.
With the close of this transaction, Venerable’s pro forma assets under management and reinsurance increase to approximately $70 billion.
On a pro forma basis, Venerable has more than doubled its general account assets from $9 billion to $19 billion, in addition to more than $51 billion in separate account reinsured.
The transaction includes reinsurance of a legacy variable annuity block from Equitable Financial Life Insurance Company with the combined deal representing $36.5 billion of underlying account value and general account assets. Venerable has also reinsured its existing business into CS Life Re. ....

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Venerable Completes Acquisition from Equitable Holdings


Venerable Completes Acquisition from Equitable Holdings
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WEST CHESTER, Pa., June 1, 2021 /PRNewswire/ Venerable Holdings, Inc. ( Venerable ) today announced the completion of its acquisition of Corporate Solutions Life Reinsurance Company ( CS Life Re ), a Delaware domiciled and New York licensed reinsurance company, from Equitable Holdings, Inc. (NYSE: EQH) ( Equitable Holdings ). With the close of this transaction, Venerable s pro forma assets under management and reinsurance increase to approximately $70 billion.
On a pro forma basis, Venerable has more than doubled its general account assets from $9 billion to $19 billion, in addition to over $51 billion in separate account reinsured. The transaction includes reinsurance of a legacy variable annuity block from Equitable Financial Life Insurance Company with the combined deal representing $36.5 billion of underlying account value and general account ass ....

New York , United States , Des Moines , West Chester , David Marcinek , Pat Lusk , Athene Holdings Ltd , Sidley Austin , Va Capital Company , Equitable Holding , Equitable Financial Life Insurance Company , Equitable Holdings To Venerable , Apollo Global Management , Corporate Communications , Prnewswire Venerable Holdings Inc , Equitable Holdings Inc , Equitable Holdings , Corporate Solutions Life Reinsurance Company , Voya Investment Management , Crestview Partners , Reverence Capital Partners , Athene Holdings , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , தேஸ் மாய்ந்ஸ் , மேற்கு செஸ்டர் ,

Fishers Bros. signs 130,000 s/f lease with Equitable Financial at 1345 6th


Fisher Brothers has signed a 130,000 s/f office lease with Equitable
Financial Life Insurance Company at 1345 Avenue of the Americas.
The leading financial services organization will relocate from
1290 Avenue of the Americas to multiple floors of the midtown tower.
“We’re thrilled to welcome Equitable Financial Life Insurance Company to 1345 Avenue of the Americas. When they move into the building, they’ll have access to a host of unparalleled experiences including an AR enhanced public art activation, outdoor space that includes unique high-end dining, our world-class amenity center @Ease1345 designed designed in collaboration with David Rockwell, and our soon-to-be-announced tenant app,” said Ken Fisher, Partner at Fisher Brothers. ....

New York , United States , Daniel Turkewitz , Allison Melichar , Clark Briffel , Ken Fisher , David Rockwell , Equitable Financial Life Insurance Company , Financial Life Insurance Company , Midtown Manhattan , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , அல்லிசன் மெலிச்சர் , கேன் மீனவர் , டேவிட் ராக்வெல் , சமமான நிதி வாழ்க்கை காப்பீடு நிறுவனம் , நிதி வாழ்க்கை காப்பீடு நிறுவனம் , மிட் டவுன் மன்ஹாட்டன் ,