Our Story
Our mission is to establish market-leading financial services businesses that leverage our scale, robust capital position, strong ratings and world-class institutional ownership. We have a demonstrated track record to swiftly adapt to changing environments and capitalize on market opportunities to build a leading, diversified insurance and financial services group over a relatively short period of time.
2019
Constellation is founded by Anurag Chandra with a $500M commitment from CDPQ and Ontario Teachers
2021
Sponsored demutualization of Ohio National Financial Services announced
$1.5B credit facility closed with a syndicate of leading global banksrn
2022
$500M preferred equity capital raised to finance Ohio National demutualization
Sponsored demutualization of rnOhio National Financial Services closes
$4.8B whole life financial reinsurance transaction with Hannover Re closes
A.M. Best affirms “A” rating*
2023
AuguStar Retirement and AuguStar Life brands launch
Constellation Re closes $10B Prudential block reinsurance transaction
2024
Fitch rating – Positive outlook
Fitch affirms “A-“ rating and revises outlook to positive from stable*
Constellation Investments launches with $30B in assets under administration
Ohio National Seguros de Vide S.A. completes Zurich – Chile annuity business transaction
Constellation Re establishes Bermuda entity to expand reinsurance business
Constellation Re closes on a bespoke $750M financing arrangement supporting its variable annuity business
AuguStar Retirement completes first full year of sales, reaching $2.5B
