(IN BRIEF) Vienna Insurance Group is strengthening its Ukrainian operations as the International Finance Corporation prepares to acquire around 20% of VIG’s non-life insurers USG and Kniazha through a capital increase. The partnership aims to expand product offerings, boost digitalisation … Read the full press release
Posted in Austria, Business, Economy, Financial, Government, Industrial, Insurance, Investment, News, Ukraine
Tagged 11% market share, 20% stake, Aon, Bulgaria pension fund Doverie, digitalisation strategy, equity investment, EUR 128 million premiums, Harald Riener, IFC, IFC Takes Stake in VIG Companies to Support Insurance Growth and Reconstruction in Ukraine, insurance market, Kniazha, Kniazha Life, Lloyd’s, Peter Höfinger, reconstruction, transport logistics energy agriculture housing health, UKRAINE, USG, Vienna Insurance Group, VIG, Vittorio Di Bello, World Bank Group
(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
Posted in Austria, Business, Economy, Financial, Government, Industrial, Insurance, Investment, Management, Marketing, Moldova, News, Technology
Tagged acquisition, competition authority, Donaris, European integration, financial services, insurance market, Market leader, Moldasig, non-life insurance, partnership, Peter Höfinger, Republic of Moldova, Vienna Insurance Group, VIG
(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
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
Posted in Business, Financial, Insurance, Investment, Real Estate, United Kingdom
Tagged Chinese insurance company, Commerz Real AG, Gaw Capital Partners US Associate, Humbert Pang, insurance, insurance market, Jon Crossfield, Lloyds Building, London EC3, One Lime Street, Richard Rogers, Savills, Society of Lloyds
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