Assicurazioni Generali with UOKiK permission for Concordia takeover

The Office of Competition and Consumer Protection (UOKiK) has given its consent to Assicurazioni Generali for the takeover of Concordia Polska Towarzystwo Ubezpieczeń Wzajemnych and the Concordia Capital Insurance and Social Insurance Association of Wielkopolska, UOKiK announced.

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

The Generali Group conducts insurance activity in the field of personal insurance, property insurance and pension funds. It is present in many countries in the world, including Italy, Germany, France, as well as in Eastern Europe, Asia and Latin America.

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