US EditionSantander Joins Allianz, Blackrock and Generali in the German Group Viridium
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E. del Pozo. Madrid Santander takes an unprecedented step so far in its insurance business. The bank enters the consortium formed by Allianz, BlackRock, Generali and the insurance company...
The acquisition of the resolution specialist Viridium by a consortium in which Allianz is involved, agreed in March, is completed with closing on 1 August 2025. In addition to Allianz, Blackrock, Generali and T&D Holdings also belong to the group. The seller is London investor Cinven. There was another surprise: Hannover Rück is going out and sells its shares to Santander and a family office. The [...]
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