Sava Re's unit to acquire Croatian insurers

Posted On: Apr. 16, 2018 6:16 AM CST

Slovenian insurer and reinsurer Pozavarovalnica Sava d.d. said that its subsidiary Zavarovalnica Sava d.d. has agreed to purchase Croatian insurers Ergo Osiguranje d.d. and Ergo Zivotno Osiguranje d.d., Reuters reported. The insurers will be purchased from Ergo Austria International A.G. and its subsidiary Ergo Versicherung Aktiengesellschaft.