BULGARIA: DZI Life Insurance gets nod to acquire UBB-MetLife

Bulgaria-based DZI Life Insurance, owned by Belgium's KBC Group, has received an approval by the Bulgarian financial regulator to acquire full ownership of Sofia-based UBB-MetLife Life Insurance Company, the regulator said.

"The Financial Supervision Commission (FSC) approves the direct acquisition of 100% of the capital of UBB-MetLife Life Insurance Company by DZI Life Insurance," the regulator said in a statement late on Tuesday. Read the full story

Follow XPRIMM Publications on LinkedIn, for more data on the insurance and financial industry.

Share |

Related articles

ON THE MOVE

MARSH the formation of MARSH-JLT Specialty and its leadership

The global insurance broker MARSH announced the formation of MARSH-JLT Specialty - the new specialty business that combines the specialty teams of MARSH and JARDINE LLOYD THOMPSON Group (JLT) and will be headed by Dominic BURKE, currently CEO of JLT Group.

21.11.2018

TOP EVENT

Reducing the risks in agriculture by using insurance means, discussed in Skopje

On November 1st, an Agricultural insurance conference took place in Skopje, Macedonia, organized by the Insurance Supervision Agency in cooperation with the Ministry of Agriculture, Forestry and Water Economy. Drawing attention to the necessity of reducing the risks in agriculture by using insurance was the event's main purpose.

06.11.2018

IIF 2018 - Insurance in a DIGITAL WORLD

Emmanuel DJENGUE, Innovation Director, Europe - RGAX, Spain is the Keynote Speaker at IIF 2018 - Insurance in a DIGITAL WORLD Conference in Bucharest, on November 27.

05.11.2018

See all