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Signal Iduna acquires majority stake in Romania's Garanta Asigurări

November 5, 2024

German insurer Signal Iduna announced the signing of the agreement for the acquisition of a majority stake in the Romanian insurance firm Garanta Asigurări from Greece's market leader – The Ethniki, Hellenic General Insurance Company.

Following the success recorded in 2021 through the acquisition and integration of the two Romanian subsidiaries (life and general) of Ergo Group AG, Signal Iduna continues and expands the repositioning process as an insurer that offers suitable insurance...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/signal-iduna-garanta-asigurari-takeover-nov-2024
Read in full - click here
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