RGA to Acquire Life Insurance Portfolio from PGGM
"RGA has a clear growth strategy in the Netherlands,” said
Olav Cuiper, Executive Vice President,
EMEA Markets, RGA. “We believe this transaction supports our long-term strategic objectives to capitalize on the realignment of the financial services industry and demonstrates our ability to provide portfolio run-off solutions in the European market.”
In accordance with the agreement, additional terms of the transaction are not being disclosed.