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VIG: Expansion Plans in Baltic States
People ♦
Published: November 8, 2013; 12:43 ♦ (Vindobona)
According to a report by “Wirtschaftsblatt”, the Vienna Insurance Group (VIG) plans to expand business activity in the Baltic States. From 2014 on, the Austrian insurance company will start conquering the Estonian insurance market.
VIG: Expansion Plans in Baltic States / Picture: © Vienna Insurance Group / Votava
In an interview with Tallin-based daily “Postimees”, CEO of VIG Peter Hagen announced plans about entering the insurance market in Estonia at the beginning of next year. According to the CEO, VIG intends to focus on the sector non-life insurances.
The insurance corporation has already been present in the Baltic state since 2008 through Compensa Life SE, which holds around 16…
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