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Hannover Re to exit Viridium consortium, while Santander Insurance buys in
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The German reinsurer Hannover Re 
HNR1 is exiting the investor consortium behind Viridium Group, and will be replaced by Santander Insurance and the family office of the co-founders of Partners Group, the companies announced on Friday.
Viridium is a firm that specializes in buying existing life insurance portfolios.
Hannover Re's exit is effective Sept. 30.
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