The Triglav Group and Zavarovalnica Triglav in 2016
- The Triglav Group and Zavarovalnica Triglav d.d. (hereinafter: Zavarovalnica Triglav) operated well in the reporting period and surpassed the planned business results.
- The Triglav Group adopted the new Strategy for the 2017–2020 period.
- The Triglav Group and Zavarovalnica Triglav maintained a high level of financial stability and profitability.
- The Triglav Group maintained its leading position in Slovenia and the Adria region and ranked sixth in Central Europe.
- The Triglav Group's credit rating was upgraded from »A−« to »A«, with a stable medium-term outlook.
- Subsidiary ownership consolidation and disinvestment of shareholdings in the companies whose business is incompatible with the Group's strategic guidelines continued.
Financial highlights of the Triglav Group
in EUR million | |||||
| 2016 | 2015 | 2014 | Index | |
|
|
|
| 2016/2015 | 2015/2014 |
| Gross written premium from insurance and co-insurance contracts | 936.0 | 919.1 | 888.2 | 102 | 103 |
| Net premium income | 849.6 | 839.2 | 819.9 | 101 | 102 |
| Gross claims paid | 606.0 | 594.8 | 615.7 | 102 | 97 |
| Net claims incurred | 577.1 | 570.3 | 594.7 | 101 | 96 |
| Gross operating expenses | 277.1 | 297.6 | 295.9 | 93 | 101 |
| Profit before tax | 95.1 | 102.5 | 100.4 | 93 | 102 |
| Net profit | 82.3 | 88.9 | 85.7 | 93 | 104 |
| Net profit attributable to the controlling company | 81.9 | 88.8 | 85.4 | 92 | 104 |
| Insurance technical provisions as at 31 December | 2,660.8 | 2,600.4 | 2,333.7 | 102 | 111 |
| Equity as at 31 December | 744.3 | 704.0 | 688.1 | 106 | 102 |
| Equity attributable to the controlling company as at 31 December | 734.0 | 692.9 | 681.4 | 106 | 102 |
| Return on equity | 11.37% | 12.77% | 13.40% | 89 | 95 |
| Return on equity attributable to the controlling company | 11.48% | 12.93% | 13.49% | 89 | 96 |
| Number of employees as at 31 December | 5,046 | 5,379 | 5,406 | 94 | 100 |
| Net earnings per share (in EUR) | 3.62 | 3.91 | 3.77 | 93 | 104 |
Financial highlights of Zavarovalnica Triglav
in EUR million | |||||
| 2016 | 2015 | 2014 | Index | |
|
|
|
| 2016/2015 | 2015/2014 |
| Gross written premium from insurance and co-insurance contracts | 593.1 | 586.3 | 592.6 | 101 | 99 |
| Net premium income | 509.8 | 517.0 | 529.7 | 99 | 98 |
| Gross claims paid | 391.2 | 390.6 | 421.1 | 100 | 93 |
| Net claims incurred | 350.7 | 349.6 | 392.0 | 100 | 89 |
| Gross operating expenses | 164.5 | 161.0 | 162.7 | 102 | 99 |
| Profit before tax | 83.4 | 68.4 | 57.5 | 122 | 119 |
| Net profit | 75.3 | 58.5 | 45.6 | 129 | 128 |
| Insurance technical provisions as at 31 December | 2,076.3 | 2,053.9 | 2,060.0 | 101 | 100 |
| Equity as at 31 December | 563.4 | 530.6 | 544.0 | 106 | 98 |
| Number oy employees as at 31 December | 2,335 | 2,341 | 2,365 | 100 | 99 |
| Return on equity | 13.77% | 10.89% | 8.74% | 126 | 125 |
| Book value per share (in EUR) | 24.78 | 23.34 | 23.93 | 106 | 98 |
| Net earnings per share (in EUR) | 3.31 | 2.57 | 2.01 | 129 | 128 |
Download section The Triglav Group and Zavarovalnica Triglav in 2016
For additional information please contact:
Zavarovalnica Triglav d.d., Ljubljana
Miklošičeva cesta 19, 1000 Ljubljana
Tomaž Žust, Director of Strategic Planning and Controlling Department
Phone: ++386 (1) 47 47 449
Fax: ++386 (1) 23 16 456
E-mail: tomaz.zust@triglav.si
