Achmea and Euroins agree on transfer of Interamerican Bulgaria
Achmea and Euroins Insurance Group signed a transaction agreement concerning Achmea's Bulgarian insurance companies Interamerican Non Life and Interamerican Life. The agreement refers to the transfer of the Bulgarian insurance activities of Achmea. Finalisation of the transaction is subject to approval by the regulatory authorities and is expected to take place in the second half of 2013.
Willem van Duin, Chairman of the Executive Board of Achmea: "This transaction is an outcome of our focused developments and future strategy for Achmea's international business. We intend to invest in companies that have considerable scale and fit with our core competences non-life and health insurance, distributed through the direct channel or through bancassurance. We are confident that with the support of the Euroins Insurance Group, Interamerican can grow further within the expanding Bulgarian insurance market through brokers and continue to support its clients and other stakeholders."