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Ergo Insurance merges with Gjensidige Baltics

PRIVATENov 03, 2026

Acquiring Company

Ergo Insurance

Acquired Company

Gjensidige

LithuaniaLithuaniaEmployee BenefitsInsuranceFinancial ServicesEmployee BenefitsInsurance

Description

Lithuanian non-life insurer Gjensidige has been merged into Ergo Insurance, completing the merger of the two insurers in the Baltic states. Gjensidige has legally ceased to operate as a separate entity. All existing Gjensidige policies remain valid until their expiry dates, with unchanged terms and coverage. Customers do not need to sign new contracts or make changes to their policies.

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Company Information

Company

Ergo Insurance

Location

Lithuania

About

Ergo Insurance is a non-life insurance company operating in the Baltic states. It absorbed Gjensidige's Baltic operations through a merger. Ergo's management board is chaired by Ursula Klara Deschka in the Baltic states.

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Frequently asked

Who acquired Gjensidige?

Gjensidige was acquired by Ergo Insurance, based in Lithuania. The deal was reported on November 3, 2026. Ergo Insurance is a non-life insurance company operating in the Baltic states. It absorbed Gjensidige's Baltic operations through a merger. Ergo's management board is chaired by Ursula Klara Deschka in the Baltic states. Ergo Insurance is privately held and operates in Employee Benefits.

When did Ergo Insurance acquire Gjensidige?

Ergo Insurance's acquisition of Gjensidige was reported on November 3, 2026. Lithuanian non-life insurer Gjensidige has been merged into Ergo Insurance, completing the merger of the two insurers in the Baltic states. Gjensidige has legally ceased to operate as a separate entity. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Gjensidige do?

Gjensidige is a Lithuania-registered non-life insurance company that operated through branches in Latvia and Estonia. It has been incorporated into Ergo Insurance and has legally ceased to operate as a separate entity. It is privately held, operating in Financial Services, and is based in Lithuania.

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