M&A Deal Summary

Uniqa Insurance Group Acquires Basler osiguranje Zagreb

On October 22, 2013, Uniqa Insurance Group acquired insurance company Basler osiguranje Zagreb from Baloise Holding

Acquisition Highlights
  • This is Uniqa Insurance Group’s 2nd transaction in the Insurance sector.
  • This is Uniqa Insurance Group’s 1st transaction in Croatia.

M&A Deal Summary

Date 2013-10-22
Target Basler osiguranje Zagreb
Sector Insurance
Buyer(s) Uniqa Insurance Group
Sellers(s) Baloise Holding
Deal Type Divestiture

Target

Basler osiguranje Zagreb

Zagreb, Croatia
Basler osiguranje Zagreb Corp. is a provider of insurance and pension solutions in Croatia.

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Buyer(S) 1

Buyer

Uniqa Insurance Group

Vienna, Austria

Category Company
Founded 1811
Sector Insurance
Employees15,152
Revenue 5.7B EUR (2024)
DESCRIPTION

Uniqa Insurance Group is an insurance groups in its core markets of Austria and Central and Eastern Europe (CEE). Its product portfolio includes life, health, property, casualty, household, fire, motor, liability, and other insurance product services. Uniqa Insurance Group was incorporated in 1811 and is headquarters in Vienna, Austria.


DEAL STATS #
Overall 2 of 4
Sector: Insurance M&A 2 of 4
Type: Divestiture M&A Deals 2 of 4
Country: Croatia M&A 1 of 1
Year: 2013 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-22 Basler osiguranja a.d.o

Belgrade, Serbia

Basler osiguranja a.d.o is a provider of insurance solutions for private customers including life insurance in Serbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-07 AXA Poland

Paris, Poland

AXA Poland offers a full range of Life and Savings (L&S), Property and Casualty (P&C), Pension, and Asset Management products and solutions to ca. 3.2 million customers. The company has 1,575 employees and distributes its products through two tailored multichannel networks, dedicated to P&C and L&S. It also benefits from an exclusive and multi-product bancassurance partnership with mBank.

Buy -

Seller(S) 1

SELLER

Baloise Holding

Basel, Switzerland

Category Company
Founded 1863
Sector Insurance
Employees7,569
Revenue 6.4B CHF (2024)
DESCRIPTION

Baloise Holding is a provider of insurance and pension solutions. It positions itself as an insurer with an intelligent risk-prevention concept, the “Safety World”. In Switzerland, the Group operates as a specialised financial services provider offering a combination of insurance and banking services. Bâloise Holding was incorporated in 1863 and is based in Basel, Switzerland.


DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: Croatia M&A 1 of 1
Year: 2013 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-22 Basler osiguranja a.d.o

Belgrade, Serbia

Basler osiguranja a.d.o is a provider of insurance solutions for private customers including life insurance in Serbia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-28 MOVU AG

Zurich, Switzerland

MOVU AG is a digital home moving services platform that helps users to search and book for home moving and relocation cleaning services. MOVU AG was founded in 2014 and is based in Zurich, Switzerland.

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