KYIV. Aug 18 (Interfax-Ukraine) – The Antimonopoly Committee of Ukraine has permitted International Insurance Consortium B.V. (the Netherlands) to build up a stake of over 90% in Providna insurance company (Kyiv), the company has told Interfax-Ukraine.
The company said that at present, a Western European shareholder holds 9.9992% in the share capital of Providna.
The deal is scheduled to be finalized this year.
As reported, according to the National Commission for Securities and the Stock Market of Ukraine, as of Q1 2015, 90.0001% of shares in Providna belonged to Russia’s Rosgosstrakh.
Providna has been working in the insurance market of Ukraine since 1995. It has an extensive regional network, which includes more than 300 offices, 25 centers for loss settlement, and 25 medical centers in Ukraine. The company provides over 80 mandatory and voluntary insurance products to individuals and companies.
