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Uniqa to Aquire Western Balkan Insurance Companies

Published: October 22, 2013; 09:42 · (Vindobona)

Listed insurance company Uniqa will take over Croatian and Serbian affiliates of Swiss insurance group Baloise (Basler) to strengthen its market position in the Western Balkan states.

Uniqa to Aquire Western Balkan Insurance Companies / Picture: © Uniqa Group

The Croatian affiliate of insurer Baloise has around 470 employees as well as 148,000 clients. Last year the company reached a volume of premium of € 53.7m. With a market share of 4.5 percent, the Croatian affiliate of Baloise came at sixth place. The Serbian affiliate employs around 110 persons and 35,000 clients and generated a volume of premium in the amount of € 3.7m. With a…

This article includes a total of 247 words.

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