News
EXTRAORDINARY INFORMATION
2022. 05. 03.

CIG Pannonia Life Insurance Plc. (registered office: H-1097 Budapest, Könyves Kálmán körút 11.B, company registration nr.: 01 10 045857, hereinafter referred as Company) hereby informs the Esteemed Investors that as a step resulting from the framework agreement concluded with MKB Bank Plc. (registered office: H-1056 Budapest, Váci u. 38.; company registration nr.: 01 10 040952) and with Hungarian Bankholding cPlc. (registered office: H-1134 Budapest, Kassák Lajos utca 18.; company registration nr.: 01 10 140865), the Company and its wholly owned subsidiary, CIG Pannonia First Hungarian General Insurance cPlc. (together: CIG Pannonia Group) also concluded a twenty-year strategic cooperation framework agreement with Euroleasing Financial Service Provider cPlc.

Under the framework agreement, the CIG Pannonia Group covers almost the full range of insurance needs of the contractor's entire customer segment (retail, SME, corporate and agricultural), including various property and casco constructions and credit insurance products, through long-term cooperation.

The Company recalls that the cornerstone of its Growth Strategy announced in July 2021 was to become a reliable, dominant and stable composite insurer with a portfolio of both life and non-life product products over the next five years. A key element in achieving this goal is the long-term cooperation resulting from the framework agreement just published.

 


Disclaimer: All information contained within this article is for information purposes only, and shall not be considered an official translation of the official communication referred to herein. This document does not include the integral wording of the official communication referred to herein, the original Hungarian language version of it remains to be the solely legally binding material in the subject matter. For further information, please do not hesitate to contact us.

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