What is Hannover Re's recent decision regarding Viridium?

Hannover Re is exiting the investor consortium behind Viridium Group, effective September 30.

Who is replacing Hannover Re in the consortium?

Santander Insurance and the family office of the co-founders of Viridium will replace Hannover Re.

What does Viridium Group specialize in?

Viridium is a firm that specializes in buying existing life insurance portfolios.

Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Finance > Hannover Re to exit Viridium consortium, while Santander Insurance buys in

Finance

Hannover Re to exit Viridium consortium, while Santander Insurance buys in

Published by Global Banking & Finance Review®

Posted on August 1, 2025

1 min read

Last updated: January 22, 2026

Hannover Re to exit Viridium consortium, while Santander Insurance buys in - Finance news and analysis from Global Banking & Finance Review

Hannover Re to exit Viridium consortium, while Santander Insurance buys in

Quick Summary

Hannover Re Exits Viridium Group as Santander Insurance Joins

Key Takeaways

Frequently Asked Questions about Hannover Re to exit Viridium consortium, while Santander Insurance buys in