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Triglav Group in 2017 (Unaudited data): Profit Above the Budgeted Level, Performance Impacted by Higher Claims, Reporting Year Marked by Strategic Development Activities

  • According to unaudited data, Triglav Group generated profit before tax of EUR 84.4 million, which is above the budgeted level.
  • The unfavourable claims experience resulting from natural disasters was effectively compensated with high premium growth and higher cost efficiency. Returns on investment declined less than expected.
  • In 2017, the Group was once again assigned high “A” credit ratings and strengthened its leading position in the region.
  • The year 2017 was the first year of implementing the planned strategic development activities. 


Andrej Slapar, President of the Management Board of Zavarovalnica Triglav.:In 2017 we achieved good results and higher profit than planned. High premium growth, higher cost efficiency and a smaller decline in returns on investment than expected had a positive impact on our performance in the year marked by an especially high number of claims. The Group maintained its leading market position in the region and strong financial stability, as confirmed by the assigned strong “A” credit ratings with a stable medium-term outlook.”


More information in 2017 Unaudited Results of Triglav Group and Investor Presentation.



Business Plan of the Triglav Group for 2018


Andrej Slapar, President of the Management Board of Zavarovalnica Triglav d.d.: “We have set ambitious goals for 2018, projecting a higher premium and profit before tax than planned for 2017. We view the year 2018 as an important step towards realising our vision, which is to dynamically develop new ways of doing business as the foundation of the Group’s responsible long-term development, while at the same time operating profitably and safely.”


More information in Business Plan 2018.



Zavarovalnica Triglav’s Share Wins Prime Market Share of the Year Award


On an award ceremony in the context of the pre-New Year’s gathering of the management boards of financial market participants, the Ljubljana Stock Exchange presented the Prime Market Share of the Year Award to Zavarovalnica Triglav d.d.


The Ljubljana Stock Exchange awards for the most successful shares on the Slovene market are based on statistical criteria, such as turnover, price growth, turnover growth and the number of trading days with an individual share in a one-year period.



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