About us
Generali PPF Holding
Generali PPF Holding comprises businesses in 14 countries – Belarus, Bulgaria, Croatia, the Czech Republic, Hungary, Kazakhstan, Montenegro, Poland, Romania, Russia, Serbia, Slovakia, Slovenia and Ukraine – and is among the most important insurers in Central and Eastern Europe, with total assets under management of €13.8 billion, premium income of €3.1 billion and more than 10 million clients.
The final contract for the Generali PPF Holding joint venture between Assicurazioni Generali and PPF Group N.V. was signed on 10 July 2007, when Generali and the PPF Group transferred their insurance assets in Central and Eastern Europe to the new venture, establishing it as one of the major players in the region. The creation of the joint venture was a major step in the two groups’ expansion strategies in one of the most promising regions for the insurance business and creates a solid platform for further growth opportunities in neighbouring areas. The agreement valued the Central and Eastern Europe insurance assets transferred by the PPF Group at €3.6 billion and those transferred by Generali at €1.5 billion. Additionally, the Generali Group paid the PPF Group €1.1 billion to acquire 51% of the joint venture. The PPF Group holds the remaining 49%.
The cultural diversification in a multinational environment is a fantastic asset that Generali PPF Holding is exploiting. The vision of the future is one of growth, innovation and satisfied clients. It is a group of individuals, who act as one when it comes to realising their vision.
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