Archive

  • Viridium hails change in ownership as "very good news for our clients"

    03 June 2025

    Change in ownership hoped to be completed by December

  • Fitch predicts boost for Viridium's asset management arm from BlackRock deal

    04 April 2025

    Asset manager is in consortium buying Cinven out of life consolidator

  • T&D Holdings to pay JPY 120bn as part of Viridium buyer consortium

    21 March 2025

    Japanese group will hold 29.9% of the life book consolidator if the deal is allowed

  • Chart of the Week - How IMAs could spell out the future of PE ownership of insurers

    23 February 2024

    Fee rates, and other T&Cs in the IMAs of PE houses and the consolidators they own, may attract (unwanted) regulatory attention

  • Fitch says PE ownership not necessarily credit-negative for insurers

    15 February 2024

    Ratings agency looks at insurers' investment strategy riskiness among other facets for credit assessments

  • Chart of the Week - As a €21bn deal is scuppered by BaFin, have PE owners run out of road for life book sales?

    02 February 2024

    German regulator's refusal to Zurich and Viridium seems bad news for insurers owned by PE

  • German backbook deals and run-offs - a €150bn asset industry since 2014

    01 February 2024

    Moody's examined 14 deals, completed, pending and scuttled

  • Comment - BaFin holds cards (close to its chest) in future of German life-book consolidation

    01 February 2024

    PE part-ownership of Viridium seems to have informed regulator's rejection of Zurich deal

  • Comment - Are PE owners facing the end of their life backbook consolidation journey?

    31 January 2024

    After BaFin's move on Zurich and Viridium, the future seems uncertain if 'PE ownership' breaks deals

  • Zurich's German life backbook deal, with €21bn assets, with Virdium falls apart

    30 January 2024

    'Project Sander' was to involve investment assets linked to 724,000 policies, German unit's SFCR said