VIG to sell €350m assets in Hungary to settle regulatory dispute

17-02-2022

VIG to sell €350m assets in Hungary to settle regulatory dispute

shutterstock/Pavel Kapysh

Vienna Insurance Group (VIG) will sell 45% of its current and pending assets in Hungary to a state-owned vehicle for €350 million to settle a regulatory scuffle between sides, the re/insurer said in a statement late Wednesday (February 16).


VIG, Asset Sale, Insurance, Reinsurance, Austria, Hungary, Europe

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