Sales Decline Forces Insurance Market To Consolidate

09.22.2011 By Ciprian Botea

The prolonged crisis is pushing the insurance market towards mergers to create stronger companies, considering that more than 40 companies share business of EUR2 billion and that the money has dwindled steadily over the last two years.

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INSURANCE
, GENERALI
, VIG
, OMNIASIG
, BCR
, ARDAF
, ASIROM