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Vienna Insurance Group sells Russian interests

St Basil's Cathedral in Moscow

Vienna Insurance Group has sold its minority interests in Russian insurers MSK Life, SG MSK and So Vita.

VIG entered the Russian market in 2005 after acquiring a 25% share of the life insurer MSK-Life, which it had then founded together with the Bank of Moscow. The group also held a 5% stake in SG MSK

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