Insurance
Warta may pay more for Agropolisa
Poland's second life insurer, KBC subsidiary Warta SA may end up paying an additional 40 to 50 million zloty for Agropolisa, a small firm specializing in agricultural insurance it bought for PLN 20 million late last year. Auditors examining the sale say Agropolisa, which was also part of KBC group, went too far writing off losses on its portfolio just before the transaction took place. Agropolisa's minority shareholders are threatening to go to court because of the sale.
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