Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit Completed
The Uniqa Insurance Group AG is one of the largest insurance groups in its core markets of Austria and Central and Eastern Europe and has approximately 40 companies in 22 countries and serve about 10.5 million customers.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit CompletedThe Austrian insurance group UNIQA has completed the sale of its Russian subsidiary Raiffeisen Life to the Russian insurer Renaissance Life, fully exiting the Russian market. The insurance company announced this on Friday, October 4, 2024.
Austrian insurance company Uniqa UNIQ.VI is looking into the possibility of a complete exit from Russia. UNIQA is selling its 75 per cent share in the Russian company Raiffeisen Life to the Russian insurance company Renaissance Life, along with AO Raiffeisenbank, which belongs to the Raiffeisen Bank International Group and owns the remaining 25 per cent of the shares. UNIQA completed sale of Russian subsidiary, exits market.