23-08-2016 15:27 via insuranceinsider.com

Uniqa puts Italian business up for auction

Austria-based carrier Uniqa has begun the process of auctioning
off its Italian business, The Insurance
Insider understands.Potential bidders include private equity firms Apollo and
Cinven, as well as German carrier Talanx.Uniqa primarily writes business in the health and life markets
and consists of two separate companies: Uniqa Insurance, which
provides health and life coverage; and Uniqa Security, which offers
retirement, saving and investment products.Gross written premiums at the carrier de
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