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VIG Raises Equity Base in Croatia
The local authority claimed for a capital increase for the Croatian subsidiary of Vienna Insurance Group. Now, € 15m were transferred.
VIG Raises Equity Base in Croatia / Picture: © Vindobona.org
The Vienna Insurance Group raised the equity base for its Croatian subsidiary Kvarner VIG by € 15m. The Croatian financial market authority Hanfa claimed for a higher capital base, because Kvarner VIG did not have sufficient equity funds by the end of September. In the life insurance segment, equity capital showed a deficit of 69m Kuna.
Besides this, VIG´s subsidiary had a…
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