Viridium Group to acquire life insurance portfolio from Zurich

24 June 2022

Viridium Group (“Viridium” or “Group”), a leading specialist for the efficient management of closed-book life insurance portfolios in Germany, has signed an agreement with Zurich Group Germany (“Zurich”) to acquire a substantial portfolio of traditional life insurance policies. Viridium will take over around 720,000 policies from Zurich Deutscher Herold Lebensversicherung AG (“Zurich Deutscher Herold”) with approximately 21 billion euros in assets under management.

Link to the Press Release

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