News - Re/Insurance groups







POLAND: GENERALI received UOKiK's permission to buy the CONCORDIA units

UOKiK - the Polish Office of Competition and Consumer Protection has given its consent to GENERALI for taking over the full control of the Polish insurers CONCORDIA Capital (life insurance) and CONCORDIA Polska TUW (non-life insurance) from their German shareholders CONCORDIA Versicherung and Vereinigte Hagelversicherung.









GENERALI Deutschland will sell 89.9% of GENERALI Leben to VIRIDIUM

The Board of Directors of Assicurazioni GENERALI and the Supervisory Board of GENERALI Deutschland have entered into an agreement to sell the majority stake of GENERALI Leben to VIRIDIUM Gruppe, a leading specialist for the management of life insurance portfolios in Germany.


Fitch Affirms Swiss Re's IFS at 'AA-'; Outlook Stable

Fitch Ratings has affirmed Swiss Reinsurance Company Limited's (Swiss Re) Insurer Financial Strength (IFS) Rating at 'AA-' (Very Strong) and Long-Term Issuer Default Rating (IDR) at 'A+'. Fitch has also affirmed the ultimate holding company Swiss Re Ltd.'s IDR at 'A'. The Outlooks are Stable.


EUROHOLD to buy the remaining minority stake in EIG

The Bulgarian financial group EUROHOLD has reached an agreement with South Eastern Europe Fund L.P. (SEEF), to buy out SEEF's entire participation in EUROINS Insurance Group (EIG), which currently stands at 10.64% on a fully diluted basis.