Munich Re subsidiary Ergo is now sole owner of Turkish insurer
(BestWire) - German insurer and Munich Re subsidiary Ergo Insurance Group has announced that it is now the sole owner of Turkish insurer Ergoisviçre Sigorta after getting the required regulatory approvals for the transfer of shares from Avrupa Holding.
In 2006 Avrupa Holding transferred 75% of the shares of Ergoisviçre Sigorta to Ergo International for an undisclosed sum. In September 2008,
Ergo International accepted an offer from Avrupa Holding to
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