Uniqa to take over Unita Vienna Insurance
Uniqa Group Austria has announced that it is to take over 100% of the stock capital in Romanian property insurance company Unita Vienna Insurance Group from the Vienna Insurance Group.
The transaction still has to be reviewed by the relevant authorities and should by completed by the end of September 2008, the company said. Unita has achieved a premium volume of E142 million in 2007, employs around 850 people and manages more than 550,000 customers.
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Allianz SE (Allianz) is one of the leading global financial services providers, offering a range of banking, asset management and insurance services. The company was formerly known as Allianz AG. Allianz is the parent company for the Allianz Group of companies. The company is one of leading insurance providers in the property and causality, and life insurance in the global market. Allianz is one of the major players in the German insurance market. The company, combined with its subsidiaries, serves over 75 million customers in more than 70 countries across Europe, Asia-Pacific, America and Africa. The company's banking operations are conducted through Dresdner Bank AG and its subsidiaries. Global Markets Direct’s Allianz SE - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Allianz SE. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed strategic analysis of the company. This highlights its strengths and weaknesses and the opportunities and threats it faces going forward. Reports Buy online from $125
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