Montenegrin non-life insurer UNIQA Nezivotno Osiguranje raised its capital to 8.7 million euro through the issue of new shares, while life insurer UNIQA Zivotno Osiguranje hiked its capital to 4.03 million euro, the Podgorica bourse said.

Following the capital increase, UNIQA Nezivotno Osiguranje's capital is divided into 86,950 shares, with a par value of 100 euro apiece, the Montenegro Stock Exchange said on Thursday. Read the full story MONTENEGRO's UNIQA Nezivotno Osiguranje, UNIQA Zivotno Osiguranje hike capital