Insurer confirms plan to buy remaining 50% stake in European operation
RSA is set to acquire the remaining 50% of its joint venture in Central & Eastern Europe.
In a statement, RSA said: "Following an article published in the press today in Tel Aviv, RSA confirms that it is in discussions with Direct Insurance Financial Investments, to acquire DIFI’s 50% holding in Intouch Insurance Group BV, a joint venture with market leading direct operations in Poland, the Czech Republic and Russia.
"The consideration for the remaining 50% shareholding and full control of Intouch Insurance Group BV is expected to be €70m, paid in cash."
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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