The German giant Munich Re has bought out, through its direct insurer ERGO, 75% of the capital of Isvicre Sigorta, of which family Balci retains the remaining 25%.
Ranked fifth insurer on the Turkish market, Isvicre has reported 369.82 million USD of premiums volume in 2005.
Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fmunich-re-has-bought-out-75-of-the-capital-of-isvicre-sigorta&text=Munich+Re+has+bought+out+75%25+of+the+capital+of+Isvicre+Sigorta
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fmunich-re-has-bought-out-75-of-the-capital-of-isvicre-sigorta&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/a-relative-serenity