Consortium consisting of Allianz, BlackRock, Generali Financial Holdings , Hannover Re and T&D Holdings, completes the acquisition of Viridium Group from Cinven. The transaction was originally announced on March 19, 2025 • Santander Insurance and PG3, a Swiss-based family office, will replace Hannover Re as member of the consortium by September 30, 2025 • Viridium will continue to operate as an independent, stand-alone platform for the management of closed life insurance portfolios