Acquisition of Romanian insurer most important transaction in last few years

Romanian insurer Credit Europe Asigurari Reasigurari S.A.'s president of the board of directors, Ozkan Ekiz, has said that the acquisition of the insurer by Germany-based Ergo Versicherungsgruppe A.G. was the most important transaction in the Romanian insurance market in the past few years, Xprimm.com reported.

"The new products and services will contribute to the increase of the qualitative level of the Romanian insurance market," said Mr. Ekiz.

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