Contact

Claims hotline

Generali Group Switzerland sells its stake in Europ Assistance (Schweiz) Holding AG to Vaudoise Insurance Holding Ltd

Dec 16, 2016. Posted in Gruppe

With effect from today, Generali Group Switzerland sells its stake in Europ Assistance (Schweiz) Holding AG to Vaudoise Insurance Holding Ltd.


This transaction is part of the active investment strategy of Generali (Schweiz) Holding AG, ceding non-strategic financial stakes.


Despite the sale of the shares, Europ Assistance Schweiz remains an important commercial partner for the Generali Group, which remains its majority shareholder.


Generali's ties to Europ Assistance remain in place


The strength of the link between the two companies is highlighted by the expected appointment of Andreas Krümmel, Generali Switzerland's CEO, as the new Chairman of the Board of Directors of Europ Assistance (Schweiz) Holding AG.


Today's transaction is concluded subject to approval by FINMA.

Download