Slovenia's Sava Insurance Group new chairman takes office

Dolnicar, who was appointed chairman of the management board of Sava Insurance Group on December 30, 2021, received on May 3 the approval of the Insurance Supervision Agency to assume the new role, Sava Re, a unit of Sava Insurance Group, said in a filing with the Ljubljana Stock Exchange on Wednesday.

The term of Dolnicar as a Sava Re management board member ended on May 4, 2022, the reinsurer said.

After the departure of Dolnicar, the Sava Re management board will continue to operate with only three members until further notice, the company added.

Sava Re lost 1.76% on the Ljubljana Stock Exchange on Wednesday and closed at 27.90 euro.

($ = 0.94205 euro)