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Grazer Wechselseitige Versicherung

Grazer Wechselseitige Versicherung or Graz Mutual Insurance Company is one of the largest Central European insurance companies.[1] Its headquarters are located in Graz, Austria.

Grazer Wechselseitige Versicherung
IndustryInsurance
Founded1828
HeadquartersGraz, Austria
Websitewww.grawe.at

History edit

GRAWE was founded in 1828 by Archduke Johann as an "insurance institute for Styria, Carinthia and Carniola", with an original focus purely on fire insurance.

Subsidiaries edit

GRAWE is the fifth largest insurance group in Austria. GRAWE has subsidiaries in Central and Eastern European countries such as Slovenia, Croatia, Hungary, Serbia, Bosnia and Herzegovina, Ukraine, Bulgaria, Romania, Moldova, Macedonia, and Montenegro.

Serbia edit

GRAWE Osiguranje a.d. was registered as the first insurance company with foreign capital in Serbia. The company entered the Serbian market in 1997. GRAWE started out as a Greenfield investment with the aim to grow and develop in the Serbian market.

Partnerships edit

GRAWE has agreements with Kärntner Landesversicherung (Carinthian insurance), Niederösterreichischen Versicherung (Lower Austrian insurance), Oberösterreichischen Versicherung (Upper Austrian insurance), Tiroler Versicherung (Tirolean insurance), and Vorarlberger Landesversicherung (Vorarlberg insurance). The network is called the Vereinigung Österreichischer Länderversicherer (Insurers association of Austrian countries).

GRAWE group edit

In addition to the insurance sector, the Group is also involved in real estate management (e.g.,GRAWE Property Management Ltd, STIWOG), banks, and various investments, with many affiliates (e.g., Capital Bank GRAWE Group Ltd, Security KAG, Bank Burgenland).[citation needed]

Size edit

The annual premium income of the Group (the "GRAWE Group") amounted 693.7 million euros in the fiscal year 2007. The number of managed contracts is just under 3.7 million.

Management edit

Director General of GRAWE is Mag. Klaus Scheitegel.

Supervisory Board President, Dr. Philipp Meran, traditionally, a direct descendant of the founder.

References edit

  1. ^ "Company Overview of Grazer Wechselseitige Versicherung Aktiengesellschaft". Bloomberg Business. 27 September 2015.

External links edit

  • Official website
  • GRAWE zavarovalnica d.d. (Slovenia)
  • GRAWE osiguranje a.d.o. (Serbia)
  • GRAWE osiguranje a.d. Podgorica (Montenegro)
  • GRAWE Bulgaria (Bulgaria)
  • GRAWE România Asigurare S.A. (Romania)

grazer, wechselseitige, versicherung, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, this, article, rely, excessively, sources, closely, associated, with, subject, pot. This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article may rely excessively on sources too closely associated with the subject potentially preventing the article from being verifiable and neutral Please help improve it by replacing them with more appropriate citations to reliable independent third party sources September 2012 Learn how and when to remove this template message This article includes a list of general references but it lacks sufficient corresponding inline citations Please help to improve this article by introducing more precise citations September 2012 Learn how and when to remove this template message Learn how and when to remove this template message Grazer Wechselseitige Versicherung or Graz Mutual Insurance Company is one of the largest Central European insurance companies 1 Its headquarters are located in Graz Austria Grazer Wechselseitige VersicherungIndustryInsuranceFounded1828HeadquartersGraz AustriaWebsitewww grawe at Contents 1 History 2 Subsidiaries 2 1 Serbia 3 Partnerships 4 GRAWE group 5 Size 6 Management 7 References 8 External linksHistory editGRAWE was founded in 1828 by Archduke Johann as an insurance institute for Styria Carinthia and Carniola with an original focus purely on fire insurance Subsidiaries editGRAWE is the fifth largest insurance group in Austria GRAWE has subsidiaries in Central and Eastern European countries such as Slovenia Croatia Hungary Serbia Bosnia and Herzegovina Ukraine Bulgaria Romania Moldova Macedonia and Montenegro Serbia edit GRAWE Osiguranje a d was registered as the first insurance company with foreign capital in Serbia The company entered the Serbian market in 1997 GRAWE started out as a Greenfield investment with the aim to grow and develop in the Serbian market Partnerships editGRAWE has agreements with Karntner Landesversicherung Carinthian insurance Niederosterreichischen Versicherung Lower Austrian insurance Oberosterreichischen Versicherung Upper Austrian insurance Tiroler Versicherung Tirolean insurance and Vorarlberger Landesversicherung Vorarlberg insurance The network is called the Vereinigung Osterreichischer Landerversicherer Insurers association of Austrian countries GRAWE group editIn addition to the insurance sector the Group is also involved in real estate management e g GRAWE Property Management Ltd STIWOG banks and various investments with many affiliates e g Capital Bank GRAWE Group Ltd Security KAG Bank Burgenland citation needed Size editThe annual premium income of the Group the GRAWE Group amounted 693 7 million euros in the fiscal year 2007 The number of managed contracts is just under 3 7 million Management editDirector General of GRAWE is Mag Klaus Scheitegel Supervisory Board President Dr Philipp Meran traditionally a direct descendant of the founder References edit Company Overview of Grazer Wechselseitige Versicherung Aktiengesellschaft Bloomberg Business 27 September 2015 External links editOfficial website GRAWE zavarovalnica d d Slovenia GRAWE osiguranje a d o Serbia GRAWE osiguranje a d Podgorica Montenegro GRAWE Bulgaria Bulgaria GRAWE Romania Asigurare S A Romania Retrieved from https en wikipedia org w index php title Grazer Wechselseitige Versicherung amp oldid 1145847541, wikipedia, wiki, book, books, library,

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