Hannover Re to exit Viridium consortium, while Santander Insurance buys in
01/08/2025 13:37
FRANKFURT, Aug 1 (Reuters) - The German reinsurer Hannover Re HNRGn.DE is exiting the investor consortium behind Viridium Group, and will be replaced by Santander Insurance and the family office of the co-founders of Partners Group, the companies announced on Friday. Viridium is a firm that specializes in buying existing life insurance portfolios. Hannover Re's exit is effective Sept. 30. (Reporting by Tom Sims; editing by Matthias Williams) ((Tom.Sims@thomsonreuters.com; +49 30 220 133 645;))
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