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Insurer Triglav Fails to Dismiss Chairwoman and CFO in Given Deadline

Ljubljana, 17 August - The supervisory board of leading Slovene insurer Triglav had until the end of Saturday to dismiss chairwoman Nada Klemencic and CFO Joze Obersnel, however, in line with expectations, the supervisory did not comply with the decision of the insurance watchdog. The Agency for Insurance Supervision can now either revoke Triglav's operating license, withdraw the license provisionally, or appoint a compulsory administration.

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