The Serbian arm of Austrian insurance group UNIQA said it has increased its capital by 3.0 million euro ($3.85 million).

With this capital increase, performed in mid-December, UNIQA Osiguranje guarantees further operational security and stability on the Serbian market for both clients and business partners, the insurer said in a statement made available to SeeNews on Thursday.

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SERBIA: Austria's UNIQA Serbian Unit Raises Capital by 3.0 Mln Euro