# Achmea

Achmea is an Insurance based in Zeist, Netherlands.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Zeist, Netherlands
- **Region:** Europe
- **Address:** Zeist, Netherlands
- **Founded:** 1811
- **Assets under management:** $50B - $70B (Altss estimate)
- **Website:** achmea.nl
- **LinkedIn:** https://www.linkedin.com/company/achmea-australia
- **Wikidata:** Q4673833

## Regulatory record

- **Reports private funds:** No

## About

Achmea holds that everyone deserves a good life. It wants a society in which everyone participates. The firm acts together now and in the future.

## Sectors

- Real Estate
- Infrastructure
- Private Credit
- Hedge Funds
- Secondaries & Special Situations

## People

- Bianca Tetteroo — Chair of the Executive Board

## Questions

### Who runs investment decisions at Achmea?

Achmea Investment Management, a wholly owned subsidiary, manages the group's general account and external mandates. The investment team reports through the Executive Board, currently chaired by Bianca Tetteroo. The firm does not disclose individual portfolio managers by name but maintains dedicated teams for real estate, structured credit, fixed income, and alternatives.

### What is the Sixth Street joint venture, and what does it mean for Achmea's asset base?

In September 2021, Achmea formed a joint venture with U.S. investment firm Sixth Street to consolidate its pension and life insurance operations. A significant block of long-duration liabilities and the associated asset portfolio transferred into the new entity. This freed regulatory capital and allowed Achmea to refocus on property and casualty insurance and health insurance, with a corresponding shift in the investment portfolio toward shorter-duration assets and direct lending (per Bloomberg, 2021).

### Does Achmea invest outside the Netherlands?

The commercial real estate funds — residential, healthcare, office, and logistics — are all Netherlands-focused. Structured credit and commodities exposures include international positions, but the direct property portfolio is domestic. Achmea does not maintain a significant presence in non-Dutch real estate as a direct investor.

### What real estate sectors does Achmea target directly?

Achmea runs four named property funds: the Dutch Residential Fund, the Dutch Healthcare Property Fund, the Dutch Office Fund, and the Dutch Logistics Fund. Each invests directly in Dutch assets. The healthcare fund is a distinguishing allocation, reflecting the group's broader health-insurance business and demographic tailwinds in Dutch elderly care real estate.

### How is Achmea related to Rabobank?

Rabobank owns approximately 29-30% of Achmea and serves as a strategic distribution partner. Achmea-branded insurance products are sold through Rabobank's Dutch branch network. This relationship generates a substantial, sticky premium inflow and aligns the two cooperatively structured financial institutions, though investment management and liability-matching activities remain fully under Achmea's control.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/achmea

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