Two of the three VIG companies in North Macedonia are set to merge: MAKEDONIJA Skopje - VIG will acquire WINNER - VIG Skopje, absorbing it. No details on the merger's calendar are yet available.
In 2022, MAKEDONIJA - VIG holded the 5th position in the market ranking, with GWP worth EUR 16.22 million, up by almost 10% y-o-y, and a market share of 9.5%.
WINNER - VIG ranked 6th, with GWP worth EUR 15.98 million, up by almost 16.11% y-o-y, and a market share of 9.35%.
Vienna Insurance Group also own a life insurance company in North Macedonia, WINNER Life, which holds a 3.13% market share, ranking 3rd in the specialty market.
VIG merges two of its three subsidiaries in North Macedonia
15 June 2023 — Daniela GHETU
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