“Slovenia’s largest insurer Zavarovalnica Triglav said it is buying Raiffeisen Bank’s Croatian insurance business, the latest in a spree of merger activity in the Balkans’ insurance sector.

Triglav said on Tuesday that it had agreed to purchase 75 percent of pension insurance firm Raiffeisen Mirovinsko Osiguravajuce Drustvo from Austria’s Raiffeisen, but did not say how much it was paying. Raiffeisen will keep the remaining 25 percent, Triglav said in a statement.” (Reuters)