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SOFIA (Bulgaria), October 31 (SeeNews) - Bulgarian insurance company Lev Ins is planning to set up branches in France, Romania and Greece, according to a statement by the Financial Supervision Commission.
The regulator asked Lev Ins to provide further information regarding its intentions, the FSC said in a statement late on Tuesday.
The FSC did not provide further details.
According to data from the company's website, Lev Ins holds a 13% market share on the Bulgarian insurance market.
The insurer has 108 offices and employs over 1,000 people.