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