Achmea and Aegon signed a transaction agreement concerning Achmea's Life Insurance and Pension portfolios in Romania. The agreement refers to the transfer of the Romanian businesses which is expected to be executed in the second half of 2013. Finalisation of the transaction is subject to approval by the regulatory authorities.
This decision fits within the strategy Achmea has announced early 2012. Gerard van Olphen, CFRO of Achmea and responsible for international operations: "This transaction is an outcome of our focused developments and future strategy for Achmea's international business. We intend to invest in companies that show considerable scale and opportunity for our core competences. We are confident that Aegon will continue to support the clients in Romania."