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)
