SOFIA (Bulgaria), June 7 (SeeNews) – Bulgaria’s financial regulator said on Wednesday it has approved the merging of Sofia-based Euroins Health Insurance company into EIG Re, both wholly-owned by Euroins Insurance Group (EIG).
The Financial Supervision Commission gave no further details in a statement announcing its decision.
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Euroins Health Insurance offers supplementary voluntary health insurance. The company has a registered capital of 7.1 million levs ($4.1 million/3.6 million euro), according to Bulgaria’s commercial register.
Sofia-based EIG Re was acquired by EIG at the end of 2015. EIG Re has a registered capital of 11.3 million levs, according to data from the commercial register.
Euroins Insurance Group (EIG) is part of financial and insurance group Eurohold Bulgaria [BUL:4EH].
(1 euro = 1.95583 levs)