Insurer Alkona bought by HDI-Gerling International Holding
8 July 2008
Yesterday German HDI-Gerling International Holding said that it acquired a 94.5% stake in Ukrainian P&C insurance company Alkona for UAH ~17 mln (USD 3.5 mln). Alkona ranks #47 out of Ukraine’s 370 P&C companies, with gross premiums written in 2H07 of UAH 20.9 mln (USD 4.3 mln) and gross payments of UAH 9.4 mln (USD 1.9 mln), according to Insurance Top. HDI-Gerling International Holding is part of the Talanx Group.
