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Insurance Act Takes Effect; Zavarovalnica Triglav to Hold AGM

Ljubljana, 29 May - The act on the ownership transformation of insurance companies, adopted on 7 May, has taken effect, providing for the ownership of insurance companies eleven years after they were transformed into joint-stock companies. The act defines ways of determining the shares of private and publically-owned capital, and is expected to apply to reinsurer Pozavarovalnica Sava and Zavarovalnica Triglav, Slovenia's largest insurance company, which is due to hold an AGM later on Wednesday.

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