THE SLOVAK subsidiary of AXA Bank Europe launched commercial operations in early April when it began offering savings accounts to Slovak customers as it has been doing in the Czech Republic since early 2010.
Together with the two other group members, KOMUNALNA Poistovna and Poistovna SLOVENSKEJ, the VIENNA Insurance Group (VIG) holds a position of market leader of its core market in Slovakia, according to company's press release.
25.10.2010 (The Slovak Spectator)
In late October insurance company Genertel, part of the Generali group, will enter the Slovak market. Genertel will be the only insurer selling its products via direct channels, specifically the internet and a call centre.
With a premium growth of 17% to roughly EUR 97.1 million, the Slovakian
subsidiary UNIQA Pojistovna grew in 2008 at a rate significantly
above the Slovakian insurance market (+11%) and much higher than
the other top 10 insurance companies in Slovakia, according to
preliminary data. With a market share of 4.6%, UNIQA further strenghtened
position on the sixth place among the 22 insurance companies active
French-based GROUPAMA announced launch of GROUPAMA Poistovna on the
Slovak market, which is a result of acquisition of OTP Garancia and
its integration into the structure of the Group.