Euroins Insurance Group Seeks Anti-trust Nod to Take Over Interamerican Bulgaria Life Insurance

Euroins Insurance Group Seeks Anti-trust Nod to Take Over Interamerican Bulgaria Life Insurance

Euroins Insurance Group (EIG) is seeking clearance for a full take-over of Interamerican Bulgaria Life Insurance, the Bulgarian competition watchdog said on Wednesday.
The proposed transaction is expected to have an impact on the local market for life insurance services, the Commission for the Protection of Competition said in a statement.
The regulator is set to come up with a decision within seven days.
According to a statement on Interamerican Bulgaria's website, its insurance portfolio has been transferred to EIG-controlled Euroins as of October 2. 
Earlier this month, Euroins took over the operations of Australian insurance company QBE in Bulgaria and Romania.
 
Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.