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Serbia's central bank revokes license of insurer Takovo Osiguranje

August 1, 2014 - 6:00am


The National Bank of Serbia has revoked the license of insurer Takovo Osiguranje A.D.O., Reuters reported.

A motion for bankruptcy proceedings has been filed with the court in Kragujevac. The central bank said "existing contracts will be valid until the expiry date."

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