October 16, 2020
AXA said that it has completed the sale of its life and savings, property and casualty, and pension businesses in Poland, Czech Republic and Slovakia to Austria’s UNIQA Insurance Group for a total cash consideration of Euro 1.0 billion. The …
October 15, 2019
French insurer AXA is considering selling its Central European business as part of a restructuring to quit markets where it lacks scale, three sources familiar with the situation said. AXA is undergoing a deep restructuring to help it cope with …
October 8, 2019
Arthur J. Gallagher & Co. announced it has completed its acquisition of a minority stake in Renomia a.s., the Prague, Czech Republic-based broker. Financial terms of the deal, which was first announced in June 2019, were not disclosed. Founded in …
June 26, 2019
Arthur J. Gallagher & Co. announced it has signed an agreement to purchase a minority stake in Prague-based Renomia. The deal is subject to regulatory approval and is expected to close in the third quarter of 2019. Financial details of …
March 1, 2019
Allianz Global Corporate & Specialty SE (AGCS), the industrial insurance unit of Allianz Group, has appointed Hans-Joerg Mauthe as regional CEO for Central & Eastern Europe (CEE). Based in Munich, he will be responsible for the German market and for …
June 8, 2018
Allianz Group and UniCredit have signed a long-term bancassurance cooperation agreement in the Central and Eastern Europe (CEE) region. With this agreement, which will gradually start in the second half of 2018, UniCredit will exclusively partner with Allianz to provide …
July 1, 2015
DUAL Group, the underwriting arm of Hyperion Insurance Group, announced its launch into Central and Eastern Europe (CEE), following the acquisition of the majority stake of Toruń, Poland-headquartered insurance specialist, Data Connect Direct (DCD). This acquisition, which creates DUAL Polska, …