BANJA LUKA (Bosnia and Herzegovina), November 4 (SeeNews) – Bosnian insurance company Bobar Osiguranje said its shareholders have approved cutting its capital by 11.95 million marka ($6.7 million/6.1 million euro) to 1.3 million marka through the cancellation of shares while also backing the issue of new shares with the aim to cover losses and for legal reserve purposes.