- The Management Board of HDI Strakhuvannya
January
Acquisition in Ukraine
HDI-Gerling International Holding AG purchases Alcona, a Ukrainian property/casualty insurer established in 1992. The company, which has been trading as HDI Strakhuvannya since August 2008, concentrates principally on motor products and accident insurance.
- The team at CiV Hayat Sigorta
February
Talanx bancassurance launched in Turkey
The newly established Talanx subsidiary CiV Hayat Sigorta is fully licensed as a life and accident insurer by the Turkish insurance regulator. It develops insurance products exclusively for Citibank, which are then sold through the bank’s distribution channels in Turkey.
- The team of underwriters responsible for the Russian market at Hannover Re
Hannover Re honored in Russia
Hannover Re is crowned best foreign reinsurer in a survey of insurers and brokers at the 12th All-Russia Reinsurance Conference in Moscow. This is all the more remarkable because the company does not have a representative office in Russia, but instead writes the reinsurance business from Hannover.
CiV Life Russia commences business operations
After Russian insurance regulators award CiV Life, Moscow, a full license to sell insurance at the end of December 2007, sales of life and accident insurance products are officially launched on 1 March 2008 through the branches of Citibank.
First rating for Aspecta
The rating agency Standard & Poor’s evaluates Aspecta Lebensversicherung AG for the first time. Right from the outset it receives a financial strength rating of “A+”. The rating agency thus assesses the company’s financial situation as “strong”. With this rating Aspecta receives the same mark as its affiliate HDI-Gerling Lebensversicherung AG.
April
HDI-Gerling Industrie comes out on top
In a survey of large corporate insurance buyers Euromoney magazine identifies HDI-Gerling as “Germany’s Best Industrial Insurer” after it ranks first in all individual categories: product range, price, claims settlement and innovations. In Poland HDI Asekuracja also takes first place.