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Insurance company «Universalna» announces that on 6 November 2019, FFHL Group Ltd., a subsidiary of Fairfax Financial Holdings Limited, a holding company headquartered in Toronto, Canada, has acquired control of Universalna.
As part of the closing of this transaction, no changes are expected to the business operations of Universalna and all insurance contracts will continue to operate in accordance with the terms under which they were concluded. In addition, no actions are required from customers or partners of Universalna as part of this transaction and the company’s operations will continue uninterrupted in the ordinary course of business.
Universalna is among the TOP 10 non-life insurance companies in Ukraine by volume of collected gross written premiums and has an extensive regional network throughout the country. More information about Universalna can be found at www.universalna.com/pro-kompanyu.