Assicurazioni Generali submits application to UOKiK regarding takeover of Concordia companies

Assicurazioni Generali SpA based in Trieste, Italy has submitted an application to the Office of Competition and Consumer Protection (UOKiK) regarding the takeover of Concordia Polska Towarzystwo Ubezpieczeń Wzajemnych and the Wielkopolska Life and Annuity Insurance Society Concordia Capital.

The application was received on June 7. The applicant is the controlling entity of the Generali Group, which conducts insurance activity in the field of personal insurance, property insurance and pension funds.

The companies subject to the prospective acquisition belong to the Concordia capital group, which conducts insurance activities in the field of personal insurance and non-life insurance in Poland.

 

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