Constellation Insurance, Inc. (Constellation), announced its wholly owned susidiary, Ohio National Seguros de Vida – Chile, has acquired Zurich Insurance Group’s (Zurich) $2.1 billion annuity portfolio in Chile.
Category Archives: Constellation Re
Fitch affirms A- rating and revises outlook to positive for Constellation Insurance, Inc.
Constellation Insurance, Inc., announced today Fitch Ratings has affirmed its ‘A-‘ Insurer Financial Strength (IFS) rating for AuguStar Life Insurance Company, AuguStar Life Assurance Corporation and National Security Life and Annuity Co., and has revised the outlook to positive from stable.
Constellation Announces $10 billion Block Reinsurance Transaction with Prudential Financial
Constellation Insurance Holdings, Inc. (Constellation), a leading insurance holding company backed by institutional investors CDPQ and Ontario Teachers’ Pension Plan Board (Ontario Teachers’), announced today that its subsidiary The Ohio National Life Insurance Company (ONLIC) has entered into an agreement with Pruco Life Insurance Company (PLAZ), an affiliate of Prudential Financial (Prudential), to reinsure a $10 billion block of variable annuities.
Constellation Insurance Holdings announces its indirect subsidiary Ohio National Seguros de Vida S.A. acquires Zurich’s annuity business in Chile
Constellation Insurance Holdings, Inc. (Constellation), a leading insurance holding company backed by institutional investors CDPQ and Ontario Teachers’ Pension Plan Board (Ontario Teachers’), announced today that its Chilean subsidiary Ohio National Seguros de Vida S.A. has entered into an agreement for the acquisition of the Zurich Insurance Group (Zurich) annuity portfolio of approximately US$2.6 billion in reserves held in Chile.
Constellation Insurance Holdings Announces Successful Completion of Strategic Transaction with Ohio National
Ohio National Mutual Holdings, Inc. (“ONMH”) and its wholly owned subsidiary Ohio National Financial Services, Inc., a leading provider of financial services, successfully completed its sponsored demutualization transaction with Constellation Insurance Holdings, Inc. (“Constellation”).
Constellation Insurance Holdings announces it has entered into an agreement to acquire Ohio National
Constellation Insurance Holdings, Inc. (Constellation), backed by institutional investors Caisse de dépôt et placement du Québec (CDPQ) and Ontario Teachers’ Pension Plan Board (Ontario Teachers’), announced today it has entered into an agreement for its inaugural transaction through the acquisition of Cincinnati-based Ohio National Mutual Holdings, Inc. (“ONMH”) and its wholly owned subsidiary Ohio National Financial Services, Inc. (collectively, “Ohio National”) for a total consideration of US$1 billion, which includes both member consideration and new capital infused in the business, as part of its demutualization process.
Caisse de dépôt et placement du Québec and Ontario Teachers’ Pension Plan Partner with Anurag Chandra to Launch a New Insurance Platform
Constellation Insurance Holdings (“Constellation”), founded by Anurag Chandra, former CEO of Prosperity Life Insurance Group (“Prosperity”), today announced that it has partnered with Caisse de dépôt et placement du Québec (“CDPQ”) and Ontario Teachers’ Pension Plan (“Ontario Teachers’”) and raised US$500 million in initial capital from them as founding investors.
