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GRAWE INSURANCE GROUP TAKES OVER SLAVONIJA OSIGURANJE

ZAGREB, Aug 29 (Hina) - The Grawe Insurance Group, which includes the Grawe Croatia took over the block of shares (all 100 percent) of Slavonija Osiguranje d.d. from the eastern Croatian city of Osijek. The value of the ownership share which the Grawe group took over is not known for now, however, the Grawe Croatia aims at further expansion on Croatia's market. The Grawe Croatia in 1999 realised 177 million kuna (DM44.25 million) of which 147.8 (DM36.95 million) were life insurance policies.(hina) it.JN
ZAGREB, Aug 29 (Hina) - The Grawe Insurance Group, which includes the Grawe Croatia took over the block of shares (all 100 percent) of Slavonija Osiguranje d.d. from the eastern Croatian city of Osijek. The value of the ownership share which the Grawe group took over is not known for now, however, the Grawe Croatia aims at further expansion on Croatia's market. The Grawe Croatia in 1999 realised 177 million kuna (DM44.25 million) of which 147.8 (DM36.95 million) were life insurance policies. (hina) it.JN

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