BELARUS NEWS AND ANALYSIS

DATE:

21/08/2008

Insurer Generali says to start operating in Belarus

MILAN, Aug 21 (Reuters) - Italian insurer Assicurazioni Generali (GASI.MI: Quote, Profile, Research, Stock Buzz) said it would start operating in Belarus by end-2008 after its Generali PPF Holding joint-venture obtained a licence for the eastern European country's non-life sector.

Generali said on Thursday the new company would be called Generali Belarus.

"By entering Belarus, Generali PPF is now operative in 13 different markets in the CEE (Central-Eastern Europe) region," Generali's managing director Sergio Balbinot said in a statement.

Generali PPF Holding is 51 percent owned by the Italian insurer while Czech financial group PPF holds the remaining 49 percent.

(Reporting by Valentina Za)

Source:

http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSLL2825520080821

Latest News

Archive

Month, Year April, 2009March, 2009February, 2009January, 2009December, 2008November, 2008October, 2008September, 2008August, 2008July, 2008June, 2008May, 2008April, 2008March, 2008February, 2008 January, 2008 December, 2007 November, 2007 October, 2007 September, 2007 August, 2007 July, 2007 June, 2007 May, 2007 April, 2007 March, 2007 February, 2007 January, 2007 December, 2006 November, 2006 October, 2006 September, 2006 August, 2006 July, 2006 June, 2006 May, 2006 April, 2006 March, 2006 February, 2006 January, 2006 December, 2005 November, 2005 October, 2005 September, 2005 August, 2005 July, 2005 June 2005 May 2005 April 2005 March 2005 February 2005

Subscribe Daily Newsletter:

Enter your Email


Powered by FeedBlitz

Belarus News and Analysis Donate: