Organisation
Viridium Group was founded by Cinven and Hannover Re as Heidelberger Leben Group in 2014.
To clearly separate the group functions and the portfolio companies, the group developed an independent market identity in October 2016: Viridium Group.
Life insurance companies and portfolio management
Viridium Group is comprised of four life insurance companies in Germany: Proxalto Lebensversicherung AG, Entis Lebensversicherung AG, Heidelberger Lebensversicherung AG and Skandia Lebensversicherung AG. Portfolio management services for policyholders and business partners are provided by own service companies.
Virdium Group structure
The logos will take you to the respective life insurance company websites
Shareholders
The Viridium Group was formed in 2013/2014 in the course of the acquisition of Heidelberger Lebensversicherung AG, which was part of Lloyds Banking Group, by a joint venture of Cinven and Hannover Re.
Cinven is a leading European Private Equity firm focused on leveraging its expertise to build world class companies. Founded in 1977, Cinven has invested in ca. 140 companies and has more than 240 employees, working across 6 sectors. Cinven is one of the most active and successful investors in Germany and the wider DACH region, with a strong track record of performance. Cinven takes a responsible approach towards its portfolio companies, local communities, the environment and society.
Hannover Re is one of the world's leading reinsurers. It transacts all lines of property & casualty and life & health reinsurance and is present worldwide with more than 3,500 staff. Founded in 1966, Hannover Re Group today operates 27 offices globally.
Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in over 50 countries in the world, with a total premium income of EUR 82.5 billion in 2023. With around 82,000 employees serving 70 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. In Germany, Generali is one of the leading primary insurance groups with premium income of EUR 14.8 billion and more than 9 million customers. As part of the international Generali Group, Generali operates in Germany with the brands Generali, CosmosDirekt and Dialog in the life, health and property/casualty segments.
Supervisory Board
The Supervisory Board of Viridium Holding AG consists of six members. Since May 2024, Rolf-Peter Hoenen is Chairman of the Supervisory Board.