Insurer Slovenica Sees Losses of EUR 8 Million in 2001

Ljubljana, 26 March - Slovenia's fifth largest insurance company Zavarovalnica Slovenica concluded the year 2001 with losses of SIT 1.8 billion (EUR 8 million), however it anticipates to operate with profits in the coming five years. In an attempt to achieve that, the company is to restructure the portfolio of insurance premiums and introduce new insurance products, was said at a news conference on Tuesday.