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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 and Finance Review

Posted on August 1, 2025

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FRANKFURT (Reuters) -The German reinsurer Hannover Re 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)

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