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Saturday, November 23, 2024

Ukraine war-related exposure of insurers assessed as low

By: P.T., STA

In light of the Russian invasion of Ukraine, the Insurance Supervision Agency said the exposure of Slovenian insurers, reinsurers and pension funds to Russia, Ukraine and Belarus was relatively low.

Their investments amounted to EUR 38 million or less than 0.4% of total assets at the end of 2021. “This represents a negligible proportion of all funds invested they have under management” the agency said, noting that their total assets exceeded EUR 10 billion.

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