Ergo

Two entities are currently in discussions regarding the acquisition of CNP Cyprus Insurance Holdings, the subsidiary of French insurance giant CNP Assurances.

Euroins Insurance Group has concluded an agreement to acquire four insurance companies in three European countries - Romania, the Czech Republic and Belarus, the company said. The companies are subsidiaries of the German ERGO - one of the leading insurance groups in Europe and part of Munich Re, which is one of the world's largest reinsurance companies, reports money.bg

Greece is one of the key markets for the Ergo Group, according to its chairman, Dr Markus Riess, who stresses that Ergo is one of the few insurance groups that has invested in Greece during the crisis.