The Adriatic Slovenica insurance group collected EUR 303.8m in insurance premiums last year, which is 1.7% more than in 2016, while damages payout was up by 2.9% to EUR 223.4m. The group ended 2017 with EUR 11.4m in net profit, down 4.2% year-on-year, according to audited results released on Wednesday.
22 March 2018
The Slovenian Administrative Court annulled the Insurance Supervision Agency (AZN) decision to deny the Croatian holding ADRIS Grupa to increase its stake in SAVA Re to more than 20%.
15 March 2018
The Slovenian subsidiary of the Austrian insurance group Grawe collected EUR 42.6m in gross insurance premiums in 2017, up EUR 1m from 2016, while posting a net profit of EUR 1.6m, a rise of EUR 300,000, the company said after Monday's shareholder meeting, which discussed last year's business results.
15 March 2018
Slovenian-based start-up InsurePal, a distributed social proof insurance platform, said on Wednesday it has raised USD 18 million (14.7 million euro) in its Initial Coin Offering (ICO) by selling-out all 201 million of its tokens.
22 January 2018
Slovenian reinsurer SAVA announced that the Slovenian Sovereign Holding (SDH), one of its main shareholders, transferred 1,261,034 of SAVA Re shares to the Republic of Slovenia.
11 January 2018
Slovenia's ski slopes saw nearly 900 accidents during the last winter season, with over half the accidents involving children and young people under 20.
8 January 2018
Slovenian reinsurer Sava Re said on Friday it expects to end 2017 with a consolidated net profit of 31 million euro (USD 36.7 million), down from 32.9 million euro last year.
8 January 2018
Adriatic Slovenica, the third biggest insurance group in the country,
has unveiled a new five-year strategy, which aims to address growing
challenges on the market, including tougher competition because of a
merger of two competitors. The January-September profit of the group,
which is up for sale, dropped 17% from a year ago to EUR 6m.
19 December 2017
The Slovenian insurance market reported a 6.6% y-o-y nine months growth rate to about EUR 1.67 billion, statistics of the country's Insurance Association indicated.
7 December 2017
Sava Re celebrates forty years. A ceremony was held on 21 November 2017 in Ljubljana (Slovenia) to celebrate this event.
5 December 2017
Slovenian insurers half year results show a 6.8% increase in GWP, to EUR 1.16 billion, fueled by the life and non-life insurance segments.
19 October 2017
Insurer Zavarovalnica Triglav generated 58% of Monday's trading turnover on the Ljubljana Stock Exchange, bourse data showed.
12 October 2017
PARSEK, a highly professional eBusiness solutions provider based in
Slovenia, has decided to support IIF2017: Insurance in the DIGITAL
World Conference. The event will take place in Vienna, on November 14.
5 October 2017
Slovenian insurer Zavarovalnica Triglav tops the list of 100 largest insurers in the region comprising the former Yugoslav republics, Albania, Romania, Bulgaria and Moldavia, compiled by the Bulgarian business web portal SeeNews. The top five insurers on the list based on results from 2016 include another three Slovenian ones.
4 October 2017
Adris Grupa has launched an administrative dispute over the decision of
the Slovenian insurance watchdog to deny the Croatian company regulatory
clearance to increase its stake in Slovenian insurance group Sava Re to
33%, the news web portal Siol.net reported on Thursday.
28 September 2017
Slovenia's export and development bank has published an intention to sell its credit insurance company SID - Prva kreditna zavarovalnica, as part of the strategic focus on core business.
19 September 2017
Slovenian insurance company KD Group was the top blue-chip decliner in Monday's trading session on the Ljubljana Stock Exchange, bourse data indicated.
19 September 2017
Slovenia's insurance regulator had once again denied the request of insurer Croatia Osiguranje to increase its stake in re-insurer Sava Re to 33%, Ljubljana-based media reported on Wednesday.
30 August 2017
Slovenian insurers posted Q1 GWP of EUR 607.4 million, 6.6% up y-o-y. Life segment totaled EUR 167.7 million, up by 13.7% y-o-y, while non-life insurers reported GWP of EUR 439.7 million, about 4.2% up y-o-y.
12 July 2017
Insurer Zavarovalnica Sava generated almost EUR 27.9m in net profit last year, which is 16% less than in 2015. The company attributes the drop in profit to damages paid out over hail that hit the entire country last August, with north-eastern Slovenia, where the insurer is most present, being hit the hardest.
10 July 2017