Bosnian Insurer Kosig Dunav Osiguranje Posts 9-mo Net Loss of 1.5 Mln Euro

It provided no comparative figures.

Insurance premiums totalled 15.2 million marka in the nine months to September, the company said in a filing with the Banja Luka Stock Exchange. Total revenues came in at 16.8 million marka with costs at 19.7 million marka.

Kosig Dunav Osiguranje (www.kosigdunav.com ) is based in Banja Luka, the administrative centre of the Serb Republic, which together with the Muslim-Croat Federation forms post-war Bosnia.

Serbian insurer Dunav Osiguranje is the biggest shareholder in the Bosnian company with a 59.47% stake. Other shareholders include local private and state-owned companies.

(1 euro=1.95583 Bosnian marka)