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Credit rating of Triglav Group

Triglav Group and thereby parent company Zavarovalnica Triglav and Pozavarovalnica Triglav Re is rated by rating agencies S&P Global Ratings and A.M.Best. Triglav Group obtained very favourable ratings by both agencies. Please find more data on our ratings below. 

Please find the latest ratings of S&P Global Ratings here. Our announcement on latest ratings of AM Best is disclosed here.

Credit rating agency
 
Credit rating
 
Medium-term outlook
 
Date
 
A.M. Best A stable 19 November 2019
S&P Global Ratings A stable 31 July 2019
A.M. Best A stable 30 November 2018
S&P Global Ratings A stable 7 September 2018
A.M. Best A stable 30 October 2017
S&P Global Ratings A stable 8 September 2017
A.M. Best A stable 28 October 2016
S&P Global Ratings A stable 1 July 2016
A.M. Best A- positive 16 October 2015
Standard & Poor's A- positive 29 July 2015
A.M. Best A- positive 3 October 2014
Standard & Poor's A- stable 26 September 2014
Standard & Poor's A- stable 7 July 2014
A.M. Best A- stable 17 October 2013
Standard & Poor's A- stable 4 July 2013
A.M. Best A- stable 21 March 2013
Standard & Poor's BBB+ positive 14 February 2013
Standard & Poor's A- negative  8 August 2012 
Standard & Poor's A negative  21 November 2011 
Standard & Poor's A stable 25 November 2010 
Standard & Poor's A stable 25 August 2009 
Standard & Poor's A stable 25 September 2008 


 

Why is credit rating important?

The "A" credit rating is one of the important strategic objectives of the Triglav Group. In addition, such high credit rating enables the Group to sell its insurance and reinsurance products more competitively in all of its target markets, provides access to a wider range of investors in the financial markets, as well as ensures relatively lower costs of financing, high reputation and greater credibility. 

What does a financial rating mean?

Insurer Financial Strength Rating (IFS rating) represents the opinion of a credit rating agency on the financial security characteristics of an insurer and their  financial strength in terms of the ability to meet their obligations to policyholders and other stakeholders.

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