Compensa ready to make acquisitions and to sell via banks

"We do not exclude the possibility of acquisitions, but the final decisions belong to the shareholders," said Franz Fuchs, the president of Compensa Group. He added that taking over a small insurance company "makes no sense" and that only large entities are taken into consideration. It is rumored that Credit Suisse Life& Pension, German Gerling Życie, or Samopomoc may be Compensa's targets. Among other ideas that the company is planning, is restructuring its portfolio as well as introducing new products. Compensa wants to follow the market trend of cooperating with banks and is already in talks with one of the top five. "Our products should be available at a bank in September," assured Fuchs. (Puls Biznesu, p. 10) E.B.