


Achmea, Lifetri and Sixth Street have finalised their strategic partnership in pension and life insurance.
The joint venture, Achmea Pension & Levensverzekeringen N.V., will see Achmea and Lifetri consolidate their pension and life insurance portfolios. Sixth Street (which owns Lifetri), will receive 20.45% of the shares in the joint venture by contributing Lifetri and making a payment of €461m to Achmea.
The venture is also well positioned to benefit further from growth opportunities in the pension buyout market and aims for a market share of 20%.
Thanks to the partnership, the capital generation of Achmea Pension & Levensverzekeringen N.V. is expected to increase by around €100m from 2028 onwards.