Insurance sector news: Compensa; AIG Polska; FIAT; Professionals read...
The merger of Compensa and Heros is likely to be concluded this month. The newly created venture will operate under the brand name of COMPENSA, which will become the leading brand of the Wiener Steadtische and HUK Coburg group. (Asekuracja i Finanse No. 1, May/June 2003, p. 4) ... AIG POLSKA announced plans to change its strategy and will now focus on medium and large businesses. The insurer will only continue individual polices which are offered through direct marketing. (Asekuracja i Finanse, No. 1, May/June 2003, p. 4) ... Both insurance companies belonging to FIAT announced they are changing their strategies. The companies might acquire a new shareholder in the second quarter, but refused to reveal any details. (Asekuracja i Finanse, No. 1, May/June 2003, p. 4) ... Professionals directly connected with the banking sector read four newspapers regularly and a further six from time to time. The most popular title among executives is Rzeczpospolita named by 86% of those polled by Pentor. Over half of the polled also r egularly read Gazeta Wyborcza. (Asekuracja i Finanse, No. 1, May/June 2003, p. 32) M.M.
