Company
Key highlights Of Viridium Group *
-
EUR 67bn
Assets under Management - 3.4m
Insurance policies under management -
Around 900
Employees
Portfolio companies
Proxalto Lebensversicherung AG is a specialist for predominantly traditional, guarantee-based and unit-linked life insurance policies. As of year-end 2023, the portfolio comprises about 2.9 million policies with assets under management of around EUR 46.3 billion. In 2018 – still under the name of Generali Lebensversicherung – Proxalto Leben ceased writing new business and has since then been concentrating on existing customers and their needs. The company has been part of Viridium since April 2019.
Entis Lebensversicherung AG manages the portfolio of policies acquired from Protektor Lebensversicherungs-AG. As a voluntary rescue company for German life insurers, Protektor took over the portfolio of Mannheimer Lebensversicherung in 2003. Entis Leben manages around 56k policies, with assets under management of around EUR 1.5 billion (as of year-end 2023).
Heidelberger Lebensversicherung AG, founded in 1991, is a specialist in retirement planning, surviving dependants and risk planning products, with a focus on unit-linked solutions. As of year-end 2023, the company manages a total of 320k policies and assets under management of around EUR 13.5 billion. Heidelberger Leben ceased new business in 2014 and, as part of Viridium Group, has since then then focused exclusively on existing customers and their needs.
Skandia has been active in the provision of unit-linked products in Germany since 1991. As of year-end 2023, the company serves about 191k life insurance policies, with assets under management of around EUR 5.3 billion. Since 2014, Skandia has since then exclusively focused on the needs of its existing customers.
* As of year-end 2023.