North Macedonia’s leading non-life insurer, Croatia Osiguruvanje – Nezivot, has announced a reduction in its capital, marking a significant development in the country’s insurance sector. The move comes amid ongoing efforts to optimize financial stability and operational efficiency within the company. This article delves into the details of the capital cut, its implications for the insurer, and the broader impact on North Macedonia’s insurance market.
North Macedonia’s Croatia Osiguruvanje Nezivot Faces Capital Reduction Amid Market Challenges
Croatia Osiguruvanje – Nezivot, one of North Macedonia’s leading non-life insurance providers, has formally announced a reduction in its share capital. The decision comes amid ongoing economic headwinds and increasing pressure on the local insurance market, where growth has slowed significantly over the past year. Market experts attribute this move to the need for enhanced financial flexibility, helping the company to better…
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Author : Victoria Jones
Publish date : 2026-02-11 16:55:00
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