The North Macedonia Insurance Supervision Authority requested additional explanations from Euroins Insurance AD Skopje and instructed it to provide accurate and complete information after policyholders raised concerns about notices concerning policies arranged through SN Insurance Broker AD Bitola, which is in bankruptcy. Euroins clarified on Oct. 6 that the notices were not payment demands, payment warnings or grounds for enforcement against policyholders. They were intended to obtain information and evidence for court proceedings concerning Euroins’ claims against the bankrupt broker. The authority is monitoring the situation and taking action within its statutory powers to protect policyholders’ rights and interests.

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