Generali to sell German life unit to Cinven, Hannover Re-owned Viridiu

Generali to sell German life unit to Cinven, Hannover Re-owned Viridium

05-07-2018

Generali to sell German life unit to Cinven, Hannover Re-owned Viridium

iStock/ Andresgarciam

Italian insurer Generali has agreed to sell 89.9 percent of life insurer Generali Leben in Germany to Viridium Gruppe, which is owned by London-based private equity firm Cinven and German reinsurer Hannover Re.

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Generali, Generali Leben, Germany, Viridium Gruppe, M&A, Hannover Re, Cinven, Life insurance, Europe

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Generali to sell German life unit to Cinven, Hannover Re-owned Viridium

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