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Generali unit, Polish insurer's merger receives regulatory nod


Poland's financial regulator has approved the merger of Italy-based insurer Assicurazioni Generali S.p.A.'s Polish unit with Poland-based Concordia Polska Towarzystwo Ubezpieczen Wzajemnych, reported. Andrea Simoncelli, an official at Generali, said that the insurer plans to expand its operations and portfolio of products in Poland.

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