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Insurance
The latest insurance industry and company news and analysis from FriedlNews
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Highwater Damages for VIG Up to € 45 Million
Austria’s biggest insurer estimates with net costs double the amount than in 2002.
June 11, 2013
CESEE: Business Climate Index Dropped in April
Enterprises in CESEE countries remain cautious for the most part.
May 2, 2013
Austria: Immofinanz Group Acquires Berlin Residential Portfolio
Buwog, a wholly owned subsidiary of Immofinanz Group, has acquired a residential portfolio in Germany.
April 22, 2013
Croatia to Sell HPB and Croatia Osiguranje
Croatia’s seventh biggest bank and biggest insurance company will soon be privatized. The selling of the stakes is supposed to generate up to € 300m for the state budget.
April 11, 2013
VIG: Acquisition of QBE Makedonija completed
Vienna Insurance Group (VIG) new market leader in Macedonia
April 9, 2013
VIG: Drastic Downsizing Measures in Romania
Because of increasing losses 450 employees will be made redundant.
April 4, 2013
Austria: Insurance Company Allianz Gains Profits
Allianz Austria was able to continue its upward trend and gained around 20,000 new customers in 2012.
March 5, 2013
Uniqa: Out of the Red
The Austrian insurance group generates EBT of €205.4 million, up 44.9 per cent compared to 2010. Consolidated profit totals €130.2 million.
February 22, 2013
Generali to Expand into CESEE Region
The Italian insurance group wants to strengthen its market presence in central, east and southeast Europe. The minority stake in the Czech insurer PPF will be acquired.
January 8, 2013
Uniqa Sells Hotel Investments
The Uniqa Group is selling its hotel investments from the Austria Hotels International Group to an investor group headed by Oliver W. Braun (also including Günter Kerbler, Johann Kowar and others).
December 18, 2012
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