On 13 January 2012, Mirko Cvetkovic, the Minister of Finance of the Republic of Serbia, signed Europa Re shareholders agreement. The signing was followed by the disbursement of the country’s membership contribution of $5 million towards the capitalization of Europa Re, thus bringing the company one step closer toward the fulfillment of the minimum capital requirement for a reinsurance license under the Swiss Law. The company expects to fulfill the minimum capital requirement of CHF10 million upon receipt of the Macedonian equity contribution. Read the full story here.