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New Insurer to Launch First Life Insurance Product

Ljubljana, 13 June - Slovenia's new insurance company NLB Vita, founded in December by Nova Ljubljanska banka (NLB) bank and Belgium's banking and insurance group KBC, which owns about one third of NLB, will launch a first life insurance product on Monday. The product is to secure a market stake between eight and 16 percent by 2007, said NLB member of the board Pierre Van Keirsblick.

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