VIG Acquires Polish Life Insurance Company Polisa

Central- & Eastern EuropePoland ♦ Published: November 29, 2011; 10:13 ♦ (Vindobona)

The Austrian insurance group rounds off its product portfolio in Poland. Polisa generated a premium volume of € 21m in 2010.

VIG Acquires Polish Life Insurance Company Polisa / Picture: © Vienna Insurance Group

The Vienna Insurance Group (VIG) signed a contract in Warsaw for the acquisition of at least 75 percent plus one share in the life insurance company Towarzystwo Ubezpieczeń na Życie "Polisa-Życie" S.A. (in brief Polisa). The acquisition is subject to the necessary regulatory approvals.

“The purchase of Polisa opens up an interesting opportunity for the Vienna Insurance Group…