Deals & Cases

Deals & Cases

May 2014

Sale of Valorlife Lebensversicherungs-Aktiengesellschaft by Vaudoise Insurance Holding Ltd

The Swiss SIX listed insurance group Vaudoise Insurance Holding Ltd announced that it sold the entire shareholding of its Liechtenstein based subsidiary Valorlife Lebensversicherungs-Aktiengesellschaft to Wealth-Assurance Beteiligungs-AG, a company majority-owned by the US financial group Cor Capital, for an undisclosed consideration. Valorlife offers tailor-made life insurance solutions to high net worth clients. As of December 31, 2013, its total balance sheet amounted to CHF 4.5 billion. The transaction is subject to the approval of the Liechtenstein Financial Market Authority (FMA).

Lenz & Staehelin is advising Vaudoise in this transaction by a team consisting of Andreas Rötheli (Partner, Corporate and M&A), Rayan Houdrouge (Partner, Employment and Pensions) and Felix Gey Jauffret (Associate, Corporate and M&A).

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