Cyprus Tolbell Holdings Limited company is going to acquire more than 50% of shares of “QBE Ukraine" insurance company.
National Committee of Financial Services has approved the order, which allows realization of the deal.
Up until this point, 40% of shares of QBE Ukraine were under the management of the private person, and 49% of the insurance company were owned by QBE Management Limited (Ireland).
"QBE Ukraine" IC appeared on the Ukrainian market in 1008, as a first international insurer.
During the past year the total sum of premium revenues of the company was north of $5 mln. The main lines of insurer`s business are automobile, property, transit and public liability insurances.
"QBE Ukraine IC has registered capital equal to 8,1 mln UAH.
