Premium income reached EUR 22.7 million in the reporting period, from EUR 20.9 million in 9M2022, the insurer said. Gross operating profit rose by 18.1% in the January-September period, reaching EUR 9.8 million.
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MONTENEGRO: Net profit of Lovcen Osiguranje rises 73% in 9M2023
30 October 2023 — Marina MAGNAVAL
Montenegrin insurer Lovcen Osiguranje, which is among the biggest insurers in SEE and is part of the Slovenia-based Triglav Group, reported a net profit of EUR 3.3 million in the first nine months of 2023, up 73% y-o-y, SeeNews reports.
Premium income reached EUR 22.7 million in the reporting period, from EUR 20.9 million in 9M2022, the insurer said. Gross operating profit rose by 18.1% in the January-September period, reaching EUR 9.8 million.
Premium income reached EUR 22.7 million in the reporting period, from EUR 20.9 million in 9M2022, the insurer said. Gross operating profit rose by 18.1% in the January-September period, reaching EUR 9.8 million.
