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The two parts will sign the contract within several days. The ARAG Group continues to move ahead with the internationalisation of its legal insurance business and is now about to launch operations in the Republic of Ireland. Rapidly changing technologies are swirling and revolutionizing a wide variety of industries, including insurance.
ERGO is one of the major insurance groups in Germany and Europe. ERGO International AG is selling four more Group subsidiaries to the Euroins Insurance Group (EIG). Representatives of both companies have signed a purchase agreement. The new sale is for its Life and Non-Life subsidiaries in Romania and the Czech Republic and its Non-Life company in Belarus. We asked Jürgen Schmitz, CEO of ERGO China, about the China strategy of ERGO and what this corporation means to ERGO. ERGO is the first insurer in Germany to offer EyeOnID data protection service for e-mail, credit cards and passwords via innosure.me.In June 2020, ERGO announced the signing of a shareholder’s agreement and capital increase agreement to make a strategic investment in Taishan Property & Casualty Insurance Co., Ltd, a Shandong-based nationwide property and casualty (P&C) insurer in China. Premium income across all four ERGO companies totalled EUR 72 million (GWP) in 2017. Munich Re-owned ERGO Group, which includes ERGO Deutschland, ERGO International, and ERGO Digital Ventures, in March 2019 sold four ERGO International subsidiaries to the Euroins Insurance Group (EIG) for an undisclosed amount. Within this framework, both companies aim to develop digital insurance and mobility services in the future.ERGO Group today announced the signing of a shareholder’s agreement and capital increase agreement to make a strategic investment in Taishan Property & Casualty Insurance Co., Ltd, a Shandong-based nationwide property and casualty (P&C) insurer in China. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company.
The new sale is for its Life and Non-Life subsidiaries in Romania and the Czech Republic and its Non-Life company in Belarus.
ERGO Group today announced the signing of a shareholder’s agreement and capital increase agreement to make a strategic investment in Taishan Property & Casualty Insurance Co., Ltd, a Shandong-based nationwide property and casualty (P&C) insurer in China. “With this acquisition we are building up our partnership with ERGO that gives us the opportunity not only to acquire portfolios of an industry leader but also gain valuable know-how and experience.”“We are delighted that we have found a suitable buyer for all four ERGO subsidiaries in the CEE region in EIG”, says Alexander Ankel, Chief Operating Officer of ERGO International AG. Link copied The Company assumes no liability to update these forwardlooking statements or to conform them to future events or developments. ERGO consistently continues to execute international portfolio adjustment . ERGO is one of the major insurance groups in Germany and Europe. Euroins Insurance Group AD operates as a subsidiary of Eurohold Bulgaria AD. ERGO International AG has signed an agreement to sell the insurance portfolios of three more Group entities to Generali Group. The change of ownership from ERGO to EIG will have no effect on the obligations towards ERGO’s current clients.“The acquisition of ERGO's subsidiaries in Romania, the Czech Republic and Belarus perfectly suits our strategy to expand our presence in the CEE and CIS insurance markets, which provide huge potential for growth, and at the same time to diversify our product portfolio”, says Jeroen van Leeuwen, Chief Operating Officer of EIG.
The two parts will sign the contract within several days. The ARAG Group continues to move ahead with the internationalisation of its legal insurance business and is now about to launch operations in the Republic of Ireland. Rapidly changing technologies are swirling and revolutionizing a wide variety of industries, including insurance.
ERGO is one of the major insurance groups in Germany and Europe. ERGO International AG is selling four more Group subsidiaries to the Euroins Insurance Group (EIG). Representatives of both companies have signed a purchase agreement. The new sale is for its Life and Non-Life subsidiaries in Romania and the Czech Republic and its Non-Life company in Belarus. We asked Jürgen Schmitz, CEO of ERGO China, about the China strategy of ERGO and what this corporation means to ERGO. ERGO is the first insurer in Germany to offer EyeOnID data protection service for e-mail, credit cards and passwords via innosure.me.In June 2020, ERGO announced the signing of a shareholder’s agreement and capital increase agreement to make a strategic investment in Taishan Property & Casualty Insurance Co., Ltd, a Shandong-based nationwide property and casualty (P&C) insurer in China. Premium income across all four ERGO companies totalled EUR 72 million (GWP) in 2017. Munich Re-owned ERGO Group, which includes ERGO Deutschland, ERGO International, and ERGO Digital Ventures, in March 2019 sold four ERGO International subsidiaries to the Euroins Insurance Group (EIG) for an undisclosed amount. Within this framework, both companies aim to develop digital insurance and mobility services in the future.ERGO Group today announced the signing of a shareholder’s agreement and capital increase agreement to make a strategic investment in Taishan Property & Casualty Insurance Co., Ltd, a Shandong-based nationwide property and casualty (P&C) insurer in China. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company.
The new sale is for its Life and Non-Life subsidiaries in Romania and the Czech Republic and its Non-Life company in Belarus.
ERGO Group today announced the signing of a shareholder’s agreement and capital increase agreement to make a strategic investment in Taishan Property & Casualty Insurance Co., Ltd, a Shandong-based nationwide property and casualty (P&C) insurer in China. “With this acquisition we are building up our partnership with ERGO that gives us the opportunity not only to acquire portfolios of an industry leader but also gain valuable know-how and experience.”“We are delighted that we have found a suitable buyer for all four ERGO subsidiaries in the CEE region in EIG”, says Alexander Ankel, Chief Operating Officer of ERGO International AG. Link copied The Company assumes no liability to update these forwardlooking statements or to conform them to future events or developments. ERGO consistently continues to execute international portfolio adjustment . ERGO is one of the major insurance groups in Germany and Europe. Euroins Insurance Group AD operates as a subsidiary of Eurohold Bulgaria AD. ERGO International AG has signed an agreement to sell the insurance portfolios of three more Group entities to Generali Group. The change of ownership from ERGO to EIG will have no effect on the obligations towards ERGO’s current clients.“The acquisition of ERGO's subsidiaries in Romania, the Czech Republic and Belarus perfectly suits our strategy to expand our presence in the CEE and CIS insurance markets, which provide huge potential for growth, and at the same time to diversify our product portfolio”, says Jeroen van Leeuwen, Chief Operating Officer of EIG.