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Generali Leben becomes Proxalto: Customers will be informed via direct mail

22 July 2019

As announced on June 28 2019, Generali Lebensversicherung customers are being informed via direct mail since mid-July that Generali Lebensversicherung will operate as Proxalto Lebensversicherung from October 7, 2019 onwards. From that date, customers will receive correspondence about their policies under the new brand. The renaming will have no effects on the contractual relationship and the content of the insurance contracts as well as the change of ownership completed at the end of April.

Generali Lebensversicherung customers' questions, referring to policies and customer services, will be answered here (in German language only).

Generali Leben becomes Proxalto

28 June 2019

Viridium Group (“Viridium”), the leading specialist in the efficient management of life insurance portfolios, will in the future operate its portfolio company Generali Lebensversicherung AG (Generali Leben) under the name "Proxalto Lebensversicherung". Viridium had acquired a majority stake in Generali Leben in April 2019. The renaming will take place in October 2019. Due to the size of the portfolio and the technical complexity the renaming will take several weeks to be fully implemented. Customers will be informed by letter in the next few weeks, well before the name change will take effect.

Generali Lebensversicherung customers find urther information regarding the renaming here.

Change of ownership completed: Information for customers of Generali Lebensversicherung

30 April 2019

Following the completion of the owner control proceedings by the Federal Financial Supervisory Authority (BaFin), Viridium Group has completed the acquisition of a majority in Generali Lebensversicherung with effect from April 30, 2019. Customers of Generali Lebensversicherung will find further information on the change of ownership and Viridum Group here (in German language only).

Generali Lebensversicherung customers' questions, referring to policies and customer services, will be answered here (in German language only).

Acquisition of Generali Leben: Owner control proceedings concluded

9 April 2019

Viridium Group has been notified by BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht) about the successful completion of the owner control proceedings for the acquisition of Generali Lebensversicherung. With this confirmation, an essential precondition for the closing of the transaction has been met. For Viridium, this is a proof of the confidence in the operational efficiency and financial soundness of the Group. Viridium expects to close soon and will provide further details in due course.