Owners of insurance companies are at law for almost billion €

Wednesday, 10. October 2012, 20:58

Slovakia is still threatened by high penalties in two arbitrations and also in domestic courts. Disputes initiated by the owners of private health insurance companies due to ban of the profit are currently being solved by international tribunals. Courts are dealing with € 196 million for shareholders of Union health insurance company and former Apollo health insurance company. Slovak courts are solving also other disputes for totally € 688.8 million of taxpayers’ money.