Achmea completes sale of Slovak healthcare activities to Dôvera

Following receipt of all required approvals, Achmea has completed the previously announced sale of its Slovak healthcare activities to Dôvera. All shares of the Slovak health insurance company Union zdravotná poisťovňa (UZP) have thereby been transferred to Dôvera.

In July, Achmea and the Slovak health insurance company Dôvera signed an agreement for the sale of UZP. The combination enables customers to benefit from greater scale, combined expertise, and the further development of affordable healthcare in Slovakia.

Achmea will remain active in Slovakia through Union, focusing on Property & Casualty insurance. Union and Dôvera also entered into a distribution partnership under which clients can benefit from a broader range of insurance solutions.

For Achmea, the sale creates opportunities to accelerate growth in other portfolios in Slovakia and across other European countries. In addition to Slovakia, Achmea has subsidiaries in Greece, Türkiye and Australia and provides non-life insurance in Cyprus, Germany, Romania and Spain through online platforms. In addition, Achmea offers greenhouse insurance under the Hagelunie brand in several European countries, Australia and Canada.

The transaction has a positive impact on Achmea’s group solvency ratio of approximately 2 percentage points.