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VNRFY Vienna Insurance Group (PK)

5.81
0.00 (0.00%)
Last Updated: 15:15:21
Delayed by 15 minutes
Name Symbol Market Type
Vienna Insurance Group (PK) USOTC:VNRFY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 5.81 6.35 7.05 0.00 15:15:21

AXA to Sell Hungarian Life, Savings Insurance Business

23/12/2013 6:00pm

Dow Jones News


Vienna Insurance (PK) (USOTC:VNRFY)
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By Nadya Masidlover

PARIS--French insurance company AXA SA (CS.FR) said Monday it has signed an agreement to sell its Hungarian life and savings insurance businesses to Vienna Insurance Group (VIG.VI).

The deal will lead to an exceptional capital loss of 40 million euros in AXA's annual results of 2013.

The insurer added that it continues to have banking activities in Hungary.

-Write to Nadya Masidlover at nadya.masidlover@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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