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Allianz Hungaria to start sales in Slovenia

Hungarian insurer Allianz Hungaria plans to start offering products to corporate clients through its branch in Slovenia this year.

Next year the branch will start offering retail products, Allianz Hungaria said at a press conference in Ljubljana on Tuesday.

Allianz already makes life insurance sales in Slovenia through agents, and it plans to expand its product pallet to include unit-linked and other investment products.

Slovenia's insurance market was worth €1.89 billion in 2007, about half the size of the Hungarian market, even though Slovenia has just one-fifth of Hungary's population. (MTI – Econews)