European Regulators Step In to Address German holding FWU AG Insolvency Crisis

Insolvency Crisis – The recent insolvency declaration by the German holding company, FWU AG, has sent ripples across Europe, impacting thousands of policyholders in Austria, Belgium, France, Germany, Italy, Luxembourg, and Spain. This move came alongside a suspension of payment filed by its Luxembourg subsidiary, FWU Life Insurance Lux S.A. (FWU Luxembourg), with the District […]

20 août 2024
Aller à la source The European Times
Author: Newsdesk