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Insurance Company Vzajemna Makes Profit of SIT 2.41 Billion

Ljubljana, 20 July - The largest Slovene insurance company that offers optional medical insurance Vzajemna recorded profits of SIT 2.41 billion (11.7 million euros) last year, while the overall value of insurance policies sold exceeded SIT 37 billion (almost 180 million euros). Vzajemna thus continues the tradition of its founder, the Slovene Health Insurance Institute, established the company's shareholders at a meeting on Wednesday. It was agreed that the greater part of the profit, i.e. SIT 2.25 billion (11 million euros), will be allocated to security and statutory reserves that are to provide stable business operation.

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