Insurance Post

VIG acquires majority of QBE Makedonija

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Austria's Vienna Insurance Group says is will become the number one insurer in the Macedonian market, following its acquisition of a majority stake in QBE Makedonija.

VIG has acquired 92.9% of the voting rights in the Macedonian company and the remaining shares are in free float.

The insurer has had a presence on the Macedonian market since 2007 through its Winner

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