VIG Interested in Acquisition of Polish Warta Insurance

Professional ServicesInsurance ♦ Published: July 4, 2011; 19:40 ♦ (Vindobona)

The Austrian insurance company might strengthen its position in the Polish market with the acquisition of a local company.

VIG Interested in Acquisition of Polish Warta Insurance / Picture: © Vienna Insurance Group / Votava

Vienna Insurance Group is still interested in a takeover of the Polish Warta insurance which is part of the Belgian group KBC. This was announced by CEO Günter Geyer in an interview after the economic council on Monday in Vienna. He said to journalists that he had many plans in mind for his group. Geyer did not mention how much VIG would be willing to pay for the deal. The group would…