Overview

Founded in 2018, Venerable is the legacy annuity business of Voya Financial, Inc. Created by an investor group led by affiliates of Apollo Global Management, LLC, Crestview Partners and Reverence Capital Partners. Venerable is a private company and an emerging business with well-established, strategic investors, experienced in successfully building and growing insurance businesses with patient, long-term capital. Venerable is based in West Chester, Pennsylvania and Des Moines, Iowa.

Company Timeline

June 1, 2018
Venerable is debuted, with offices in West Chester, Pennsylvania and Des Moines, Iowa.

December 21, 2017
An investor group led by affiliates of Apollo Global Management, LLC, Crestview Partners, and Reverence Capital Partners, announced they have entered into a definitive agreement to acquire Voya Financial, Inc.’s Closed Block Variable Annuity business.

Effective September 1, 2014
ING USA Annuity and Life Insurance Company was renamed Voya Insurance and Annuity Company.

Effective January 1, 2004

  • Golden American Life Insurance Company (“Golden American”) changed its state of domicile from Delaware to Iowa and became an Iowa stock life insurance company;
  • Equitable Life Insurance Company of Iowa, United Life & Annuity Insurance Company, and USG Annuity & Life Company merged with and into their affiliate, Golden American; and
  • Golden American was renamed ING USA Annuity and Life Insurance Company.

In 2002
First Golden American Life Insurance Company of New York merged with and into ReliaStar Life Insurance Company of New York, a subsidiary of ReliaStar Life Insurance Company.

In May 1996
Golden American established a subsidiary, First Golden American Life Insurance Company of New York, which was authorized to sell annuities in New York and Delaware.

On February 1, 1988
St. Paul Life Insurance Company became Golden American Life Insurance Company.

On February 1, 1973
St. Paul Life Insurance Company was originally incorporated.

Company Timeline

June 1, 2018
Venerable is debuted, with offices in West Chester, Pennsylvania and Des Moines, Iowa.


December 21, 2017

An investor group led by affiliates of Apollo Global Management, LLC, Crestview Partners, and Reverence Capital Partners, announced they have entered into a definitive agreement to acquire Voya Financial, Inc.’s Closed Block Variable Annuity business.

Effective September 1, 2014

ING USA Annuity and Life Insurance Company was renamed Voya Insurance and Annuity Company.




Effective January 1, 2004

  • Golden American Life Insurance Company (“Golden American”) changed its state of domicile from Delaware to Iowa and became an Iowa stock life insurance company;
  • Equitable Life Insurance Company of Iowa, United Life & Annuity Insurance Company, and USG Annuity & Life Company merged with and into their affiliate, Golden American; and
  • Golden American was renamed ING USA Annuity and Life Insurance Company.

In 2002
First Golden American Life Insurance Company of New York merged with and into ReliaStar Life Insurance Company of New York, a subsidiary of ReliaStar Life Insurance Company.


In May 1996

Golden American established a subsidiary, First Golden American Life Insurance Company of New York, which was authorized to sell annuities in New York and Delaware.

On February 1, 1988

St. Paul Life Insurance Company became Golden American Life Insurance Company.

On February 1, 1973

St. Paul Life Insurance Company was originally incorporated.

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