Wüstenrot Versicherung Croatia becomes part of the Merkur Group

07/18/2022, 1884 characters

Graz/Zagreb (OTS) – Merkur Group is expanding in South-East Europe: Merkur’s Croatian subsidiary Merkur osiguranje dd acquires 100% of the shares in Wüstenrot životno osiguranje dd and with this future step strengthens its position in the Croatian insurance market in the long term, subject to the approval of regulators and competition authorities.

Merkur osiguranje dd, which has been successfully active on the Croatian market since 1996, and Wüstenrot životno osiguranje dd, founded in 2012, will join in the future, subject to legal approvals. The purchase agreement was signed on July 15, 2022. It is already certain that the employees of Wüstenrot životno osiguranje dd. In the past financial year 2021, the Croatian subsidiary of Wüstenrot was able to generate earned premiums worth 7.3 million euros.

Ingo Hofmann, CEO of Merkur Versicherung: “We are pleased to take a step that demonstrates our international strength and helps further advance our strategic positioning. With Wüstenrot Versicherung Croatia’s focus on life insurance, we are gaining valuable knowledge, new sales impulses and underlining a development that has an effect across borders and has one goal above all: to continue to inspire our customers and partners.”

Subtitle: Strengthened market position

Robert Vrca, CEO of Merkur osiguranje dd, adds: “We are very proud that this vision is becoming a reality and that we are noticeably strengthening our market position in Croatia. I am convinced, especially when I look to the future: we have found a partner who shares our corporate values ​​and strategic goals to continue offering our customers, but also our business partners, the quality of service they are used to. ”

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