"The granting of the authorisation by the Insurance Supervision Agency represents a major step in the merger process of the four insurance companies and will allow the formal merger to conclude in line with the project timetable in early November 2016", the Slovenian reinsurer pointed out in a press release.
The merged company Zavarovalnica SAVA will be run by a newly appointed five-member management board, consisting of David KASTELIC (Chairman), Primoz MOCIVNIK (Deputy Chairman), Rok MOLJK (Member), Boris MEDICA, (Member) and Robert CIGLARIC (Member and Labour Director).
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