Heidelberg life insurance

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Heidelberger Lebensversicherung AG

logo
legal form Corporation
founding 1991
Seat Heidelberg , Germany
management
  • Michael Sattler (CEO),
  • Markus Eschbach,
  • Falko Loy
Number of employees 179 (December 31, 2017)
Branch Insurance financial services
Website www.heidelberger-leben.de

The Heidelberger Lebensversicherung AG is a German insurance company based in Heidelberg . It is part of the run-off platform Viridium , based in Neu-Isenburg .

Almost 264,000 customers have a total of 530,000 insurance contracts with the company, which specializes in unit-linked old-age provision offers and risk and survivors' provision (end of 2017). The company currently manages assets of around 9.2 billion euros. In 2014, Heidelberger Lebensversicherung stopped new business and, as part of the Viridium Group, is concentrating exclusively on existing customers.

Company history

Headquarters in Heidelberg

Heidelberger Lebensversicherung AG was founded in 1991 as MLP Lebensversicherung AG . When MLP AG parted with its insurance business in 2005, the company was transferred to the listed Halifax Bank of Scotland (HBOS). The name was changed to Heidelberger Lebensversicherung AG in 2006.

After the merger of Halifax Bank of Scotland with Lloyds TSB in 2009, both companies were merged under Lloyds Banking Group plc., Today's parent company. Lloyds had been looking for a buyer for the former MLP subsidiary since May 2011 - in August 2011, no bidder was found for Heidelberger Leben for the estimated 500 million euros.

On August 21, 2013, the Lloyds Banking Group announced that the Viridium Group, a joint venture between the financial investor Cinven and the German Hannover Re , was taking over Heidelberger Leben for EUR 300 million. On March 27, 2014, this takeover was perfect.

literature

Individual evidence

  1. ↑ Lloyds is apparently looking for buyers. Handelsblatt, May 27, 2011, accessed on February 10, 2013 .
  2. ↑ No bidder for Heidelberger Leben. Handelsblatt, August 22, 2011, accessed on February 10, 2013 .
  3. ↑ Heidelberger Leben goes to Cinven - Hannover Re has a 20 percent stake. Focus , March 28, 2014, accessed August 21, 2013 .
  4. ↑ Heidelberger Leben pursues growth strategy with new owners ( Memento from September 9, 2013 in the Internet Archive )
  5. ↑ Heidelberger Leben buys 'dead stock'. Morgenweb , March 28, 2014, accessed March 28, 2014 .

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