Bulgaria's Euroins Insurance Group gets regulatory nod to merge two units

The Financial Supervision Commission gave no further details in a statement announcing its decision.

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)