Euroins Insurance Group has concluded an agreement to acquire four insurance companies in three European countries – Romania, the Czech Republic and Belarus, the company said. The companies are subsidiaries of the German ERGO – one of the leading insurance groups in Europe and part of Munich Re, which is one of the world’s largest reinsurance companies, reports money.bg
The value of the deal has not been announced. Under the terms and conditions, the Bulgarian company, owned by Eurohold, will acquire all the shares, including ownership of employee contracts, portfolio of clients and IT systems. In 2017, the premium income realized …read more
Source: Novinite
