SERBIA: AXA companies officially absorbed within Wiener Stadtische Insurance

AXA Non-Life Insurance (AXA Nezivotno Osiguranje) and AXA Life Insurance (AXA Zivotno Osiguranje) have officially been absorbed within Wiener Stadtische Osiguranje, WS announced.

In late 2016, Vienna Insurance Group (VIG) became the owner of AXA Zivotno Osiguranje a.d.o. Beograd and AXA Nezivotno Osiguranje a.d.o. Beograd (AXA Osiguranje). As VIG is successfully operating in Serbia through Wiener Stadtische Osiguranje a.d.o. Beograd, the process of absorption of the company within WS lasted from the moment of the takeover of AXA Osiguranje up till August 1, 2017. On that date, AXA Osiguranje officially ceased to exist, Wiener Stadtische reported. Read the full story
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