After Insig, even the Eurosigu on the brink of bankruptcy

After Insig, even the Eurosigu on the brink of bankruptcy

After the BQK's redundancy of the insurance company “Insig”, another company in the market risks bankruptcy. The word is for the “Euroisig” company, which is currently under rigorous management of the Central Bank of Kosovo, due to the poor financial situation, writes the Economic Bulletin. A insurance company is [...]

After the BQK's redundancy of the insurance company “Insig”, another company in the market risks bankruptcy.

The word is for the “Euroisig” company, which is currently under rigorous management of the Central Bank of Kosovo, due to the poor financial situation, writes the Economic Bulletin.

A insurance company is in poor financial condition when there is financial difficulties in meeting the BEC's legal requirements in terms of capital adequateity and insolvency, Solvence.

In a response to the Economic Bulletin, Kosovo Central Bank officials have confirmed that “Euroisig” is under the management of the CEC, but have not been issued in detail.

BQC spokesman Kufit Ahmeti has warned the board's decision on the company as well.

“U.S. You'll be notified by the time:”, he said.

In the Agency for Registering Business, “Euroisig” turns out it's under the ownership of “Euroasig” sh.a, but the Economic Bulletin finds that “Euroisig” has shared with the company that was revoted by the license, “Insig<7>.

It's about businessman from Albania, Kadri Morina.

Management a company from the BQC, like the case with “Euroisig”, is envisioned with Law No. 05L-045 for Insurance. Before liquidation, the BQK takes over the company that has problems, but if the situation fails to be cited, then the company goes to liquidation and total closure. This happened to the insurance company INSIG.

 

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