Dutch Insurer Eureko Scales Down Europe Ambitions

Eureko BV, the Netherlands' largest insurer by gross premiums, Tuesday said it will focus on making its Dutch businesses less complex and more efficient as it is scaling down its ambitions to expand in Europe after a failed attempt to turn Poland into its second home market. After years of growing through mergers and acquisitions, nonlisted Eureko wants to focus on reducing the complexity of its operations in the Netherlands while making better use of economies of scale, Chief Executive Officer Willem van Duin said in an interview with Dow Jones.

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