April 1 (SeeNews) - Bulgaria's Financial Supervision Commission said that it has asked local Groupama Zhivotozastrahovane to provide additional information and documents regarding its intention to absorb its unit Groupama Express Life.
The regulator did not provide further details in its statement, published on Tuesday.
In October 2019, Groupama Zhivotozastrahovane completed the acquisition of 100% of Express Life Insurance from the local units of Hungary's OTP. Express Life Insurance was subsequently renamed to Groupama Express Life.