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Article: Raiffeisen Life begins sales in Russia Oct 1.
- Article from:
- Russia & CIS Business and Financial Newswire
- Article date:
- October 13, 2009
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Raiffeisen Life begins sales in Russia Oct 1
MOSCOW. Oct 13 (Interfax) - Raiffeisenbank jointly with its strategic partner, Austrian Uniqa, kicked off its life insurance project, Raiffeisen Life Insurance LLC, on October 1, the general director of the insurance company, Maxim Chumachenko, told journalists on Tuesday.
"Uniqa is the 100% owner of the life insurance company. Sales will be conducted at Raiffeisenbank's 220 branches in Russia," he said.
The project has started up in Moscow and St. Petersburg and leading cities in the regions. Initially policies associated with bank products will be sold. In the second phase, approximately in the ...