Ukrainian insurer acquires counterpart to create a major insurer

Ukrainian insurer Cjsc Vuso Insurance Co. has completed its acquisition of local counterpart Aska Ukrainian Insurance Cjsc, Xprimm reported citing Forinsurer. The transaction, which will create a major insurer in the Ukrainian market, will allow Vuso to grow its foothold in the commercial insurance segment by leveraging Aska’s portfolio of large corporate clients.