Performance of the Triglav Group and Zavarovalnica Triglav

  • In 2016, the Triglav Group generated a net profit of EUR 82.3 million and achieved an 11.4% return on equity. 
  • The premium growth was recorded in all insurance markets.
  • The Triglav Group maintained its leading market position in Slovenia, Montenegro and Macedonia. Furthermore, the Group improved its position in Bosnia and Herzegovina and in Serbia and maintained its market position in Croatia.
  • Exceptionally low interest rates no longer enable high returns on investment.
  • Financial assets of the Triglav Group rose by 4%.

Consolidated gross written premium from insurance and co-insurance contracts in EUR million

Gross written premium from insurance and co-insurance contracts in EUR million

Net profit in EUR million

Net profit in EUR million

The combined ratios in non-life insurance and health insurance in the Triglav Group and individual companies in 2016 compared to 2015

Insurance company

2016

2015

Change

Zavarovalnica Triglav

87.9%

86.2%

1.7 p.p.

Triglav, Zdravstvena zavarovalnica

99.5%

98.9%

0.7 p.p.

Pozavarovalnica Triglav Re

96.7%

93.6%

3.1 p.p.

Triglav Osiguranje, Zagreb

107.4%

119.4%

−12.0 p.p.

Triglav Osiguranje, Sarajevo

99.8%

99.8%

0.0 p.p.

Lovćen Osiguranje, Podgorica

92.3%

111.8%

−19.5 p.p.

Triglav Osiguranje, Belgrade

102.2%

107.3%

−5.1 p.p.

Triglav Osiguranje, Banja Luka

100.7%

102.3%

−1.6 p.p.

Triglav Osiguruvanje, Skopje

99.1%

101.7%

−2.6 p.p.

The Triglav Group

92.9%

92.8%

0.1 p.p.

Structure of financial investments of the Triglav Group as at 31 December 2016 and 31 December 2015

Structure of financial investments of the Triglav Group as at 31 December 2016 and 31 December 2015


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