News
CIG Pannónia Life Insurance Plc. (Registered seat: 1033 Budapest, Flórián tér 1; Company Registration Number: Cg.01-10-045857, hereinafter: “the Company”) hereby notifies its Shareholders and the participants of the capital market the CIG Pannonia First Hungarian General Insurance cPlc, 100% subsidiary, of the Company (hereinafter referred to as “Insurance Company”) the latest informations on Italian cross-border activities.

CIG Pannonia Life Insurance Plc. (registered seat: H-1033 Budapest, Flórián tér 1.; company registration number: Cg. 01-10-045857; hereinafter: “Company”) meeting the rules set out in Clause 54 (9) of Act CXX of 2001 on the Capital Market hereby informs the capital market participants on the following.

CIG Pannónia Life Insurance Plc. (Registered seat: 1033 Budapest, Flórián tér 1; company registry number: Cg.01-10-045857; hereinafter: the “Company”) hereby notifies its shareholders and the capital market participants that the CIG Pannonia First Hungarian General Insurance cPlc, 100% subsidiary, of the Company is expected to make 670 million HUF additional loss compared to the loss disclosed in the Q2 2019 report.

As the Investors were annnounced before, the General Meeting held by CIG Pannónia Life Insurance Plc. (registered seat: 1033 Budapest, Flórián tér 1., company registry number: Cg.01-10-045857; hereafter: „Company”) on 17 April 2019 made the resolution nr. 8/2019. (04.17) which decided on the reduction of the share capital of the Company, as a result of which the share capital decreased from HUF 3,777,130,400 (i.e. three billion seven hundred seventy seven hundred thirty thousand four hundred Hungarian forints) to HUF 3,116,132,580 (i.e. one hundred and thirty-six million one hundred thirty two thousand five hundred and eighty Hungarian forints).

CIG Pannónia Life Insurance Plc. (registered seat: 1033 Budapest, Flórián tér 1., company registry number: Cg.01-10-045857; hereafter: „Company”) notifies the Esteemed Shareholders and other capital market participants of a change in the person in charge of investor and stock market relations.

Number of voting rights and the amount of registered capital at CIG Pannonia Life Insurance Plc.

CIG Pannonia Life Insurance Plc. (registered seat: H-1033 Budapest, Flórián tér 1.; company registration number: Cg. 01-10-045857; hereinafter: “Company”) hereby notifies its shareholders and the capital market participants on the following.

CIG Pannonia Life Insurance Plc. (registered seat: H-1033 Budapest, Flórián tér 1.; company registry number: Cg.01-10-045857; hereinafter: the “Company”) hereby notifies its shareholders and other capital market participants that the Company Court Registry of Budapest has registered by its Decision No. Cg.01-10-045857/395 the reduction of the share capital.

CIG Pannonia Life Insurance Plc. publishes today its quarterly report regarding Q2 2019.

With a five per cent increase in premium revenue, the after-tax result was a 610 MHUF loss, while the total comprehensive income was a profit of 416 MHUF. The results were due to the one-off effect of Konzum Plc's merger with OPUS Plc and the reserves created for the expected claims payments to some large Italian surety insurances , according to CIG Pannónia Life Insurance Plc’s half-yearly flash report.

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