Schoenherr Advises Vienna Insurance Group on IFC Equity Investment in Ukrainian Insurance Companies

"Schoenherr advised Vienna Insurance Group on the International Finance Corporation’s planned equity investment of approximately 20% in each of Ukrainian non-life insurers USG and Kniazha, subject to regulatory approval. The transaction aims to expand product portfolios, accelerate digitalisation and reinforce VIG’s long-term commitment to Ukraine."

Schoenherr represented client(s) Vienna Insurance Group in connection with the International Finance Corporation’s proposed equity investments in two Ukrainian non-life insurers, USG and Kniazha. The IFC is to acquire an approximately 20% stake in each company, with the transaction remaining subject to regulatory approval. The investment is intended to support the expansion of the insurers’ product portfolios and to accelerate their digitalisation strategies, while reinforcing VIG’s long-term commitment to the Ukrainian market and its anticipated role in the country’s post-war reconstruction. Schoenherr represented client(s) Vienna Insurance Group with a team composed by: Partner Markus Piuk and Attorneys at Law Tatiana Iurkovska and Katerina Kaloyanova-Toshkova.

Schoenherr Advises Vienna Insurance Group on IFC Equity Investment in Ukrainian Insurance Companies

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