Media: Mikhail Prokhorov is looking for a buyer for the insurance company “the Consent”

Media: Mikhail Prokhorov is looking for a buyer for the insurance company “the Consent”


Russian businessman Mikhail Prokhorov has lost interest in the asset. Last year the loss of “Consent” under IFRS grew almost 10 times, though Prokhorov, for five years invested in the “Consent” almost 16 billion rubles.

MOSCOW, 13 Nov. Russian businessman Mikhail Prokhorov is looking for a buyer for the insurance company “Consent”, wrote in Friday newspaper “Vedomosti” referring to two participants in the negotiations and are close to the person.

According to the newspaper, Prokhorov lost interest in the asset and no longer wants to invest in it. Last year the loss of “Consent” under IFRS grew almost 10 — fold to 2.9 billion rubles, mainly because of auto insurance. Prokhorov invested in “Consent” in 2014 of 7.4 billion rubles, in 2015 — 4 billion rubles, and in just five years — almost 16 billion rubles, the newspaper said.

On “Consent” there are at least two candidates, tell interlocutors “Vedomosti”. One of them is ex-Governor of the Kaliningrad region and the owner of “Boos lighting groups” Georgy Boos. The negotiations were going on since summer, but the fall were suspended. The parties were unable to agree on the terms of the deal, the newspaper said.

The second contender for the “Harmony” development company LLC “the Rook river”, which, according to “Vedomosti”, October 26, filed to the Federal Antimonopoly service (FAS) the petition for purchase 58,29% of the insurer. FAS representative confirmed to the newspaper receiving the petition, adding that the period of consideration to 30 days. The General Director of the developer, is Chairman of the Board of Directors of the insurance company “TIT” and Director of investment banking Department, investment of Russian funds, Aleksei semeiko was.

SC “Consent” was founded in 1993 as a captive insurer “Norilsk Nickel”. After the division of assets between Prokhorov and Vladimir Potanin “Consent” away Prokhorov.