Tag Archives: insurance market

Vienna Insurance Group acquires majority stake in Moldasig, becoming Moldova’s leading insurer

(IN BRIEF) Vienna Insurance Group (VIG) has acquired 80% of Moldasig following a successful public auction, making it the market leader in Moldova with around 30% share. The Share Purchase Agreement with the Moldovan state finalises VIG’s acquisition plan announced … Read the full press release

Zurich Insurance Forms Strategic Alliance with Kotak Mahindra Bank in Indian Insurance Market

(IN BRIEF) Zurich Insurance Group has announced a significant strategic alliance with Kotak Mahindra Bank in India, with plans to acquire a 51% stake in Kotak Mahindra General Insurance Company for $488 million. This investment marks one of the largest … Read the full press release

Savills-advised Commerz Real AG confirmed the sale of The Lloyds Building to Chinese insurance company

22-7-2013 — /EuropaWire/ — A German Closed End Fund managed by Commerz Real, advised by Savills and CBRE, has confirmed the sale of The Lloyds Building at One Lime Street, London EC3 to China’s leading insurance company, for £260 million reflecting … Read the full press release