Triglav makes net profit of EUR 52.3 million in nine months of 2017
Compared to the corresponding period of 2016, the company announced, Triglav Group realized a growth of premiums of 8% (EUR 777.1 million).
The growth of premiums was realized in all three segments of the insurance business. The premium of property insurance grew by 8%, whereas that of life insurance grew by 3%. Finally, the health insurance premium grew by 14%.
The group realized a growth of premiums in all its markets, namely, 7% on average in the Slovenian market, and 11% outside of Slovenia. In 2017, the situation in insurance markets has been gradually improving, but the aggressive price competition remains.
In the third quarter of 2017, Triglav Osiguranje Beograd realized a growth of total premium of 29% (calculated in euros) y/y.
The segment of non-life insurance realized the growth of 25% (in euros), of which the growth of property insurance amounted to 44% y/y. The company also realized a growth in the segment of life insurance in the amount of 117%.
Compared to the corresponding period of 2016, Triglav Osiguranje in Serbia increased its participation in the market to 5.8%, remaining in the fifth spot among the total of 19 insurance companies in Serbia.
Most Important News
06.04.2024. | Agriculture
Preconditions for Placement of Fresh Blueberries and Dried Plums in Chinese Market Secured
16.04.2024. | News
Jovan Ciric, Leasing Director Retail MPC Properties – MPC Echo symbolizes our desire for good ideas and innovative endeavors to spread freely and bring about positive changes
16.04.2024. | News
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
Creative Industry – What This Serbian Economy Sector Worth EUR 2 Billion Encompasses
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
23.04.2024. | Construction, Transport
Tender for first section of Belgrade-Nis fast railroad from Velika Plana to Paracin announced
23.04.2024. | Construction, Transport
16.04.2024. | News
Economy Fair in Mostar opens – 26 companies from Serbia exhibiting
16.04.2024. | News
22.04.2024. | Industry, Transport
Serbia to develop project of “flying taxis” for EXPO with Airbus – Signing of memorandum announced
22.04.2024. | Industry, Transport