More cooperation Rabobank and Eureko
UTRECHT (DUTCH PRESS AGENCY) - Interpolis, the insurance
company of Rabobank, merge with Achmea, the Dutch for the of the
European insurance group Eureko. As a result, the largest
insurance company of the Netherlands arises. That Rabobank and
Eureko have announced Wednesday. Component of the operation is
that the importance of Rabobank in Eureko is extended of 5 to 37 per
cent.
The concerns it have become in principle once concerning this
cooperation, which will more closely be developed the coming time.
Financiële details concerning the operation are not
supplied.
The new combination of Interpolis and Achmea is categorised at
Eureko. Clear 5200 employees of Interpolis change to Eureko, who
in sum approximately 14,400 employees count. If fusion leads to
dismissals, is not yet say according to a spokesman of Rabobank at
this stage.
Achmea are at present the third insurance company in the
Netherlands, Interpolis the fiftieth. Together they become
number 1, with totally to premium income of 9.1 billion euro. As
the other activities of Eureko in Europe are added up, comes total to
premium income on 10.2 billion euro.
Fusion follows after had decided Rabobank and Eureko go together
previous year to work in the field of medical expenses. Then
Rabobank acquired the importance of 5 per cent in Eureko.
Eureko and Rabobank emphasise that they continue follow their
own stategie in spite of more intensive cooperation. For Eureko
means that a possible floatation and further development of the
insurance activities in Europe. Rabobank go further on the way
which must lead to the market leadership of the coöperatieve bank
company in the Netherlands as financiële service provider.
The trade unions the Union and CNV service association make
themselves look concerning the possible employment impact of the
cooperation between Rabobank and Eureko and want as soon as possible
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Source "more cooperation Rabobank and Eureko": telegraph
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