Baloise Holding AG (BALN) expects to break- even in Croatia this year, Schweizer Versicherung reported, citing an interview with Chief Executive Officer Martin Strobel.
“The outlook is very good,” Strobel told the Zurich-based magazine.
Baloise, Switzerland’s third-biggest insurer, was forced to cut the valuation of Osiguranje Zagreb in March, after acquiring the Croatian company in 2007.
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