• Total business volume increased by 13% compared to H1 2025, reaching EUR 1,198.7 million. This was supported by premium growth across all regional markets, with the strongest increase recorded in the Italian market. 
• Earnings before tax amounted to EUR 105.2 million (H1 2025: EUR 109.6 million), while net earnings amounted to EUR 85.7 million (H1 2025: EUR 91.4 million). At mid-year mark, Triglav Group reaffirmed its 2026 full-year profit guidance and, taking into account the conditions expected through to the end of the year, expects earnings before tax for 2026 to reach the planned range of EUR 170 to EUR 190 million.
• Combined ratio stood at 93.9% (H1 2025: 88.2%), while the new business margin Life was 13.9% (H1 2025: 12.2%). Annualised return on equity was 16.5% (H1 2025: 19.2%). 
• As at 30 June 2026, the estimated capital adequacy ratio stood at 207%, within the target range of 200% to 250%.

More in the press release.

Zavarovalnica Triglav, the parent company of the Triglav Group, has signed an agreement to acquire a 49% stake in Croatia's Arsano Medical Group, one of the country's leading private healthcare providers. The seller of the stake is ASEF Holdco SARL, the investment vehicle of the Adriatic Structured Equity Fund (ASEF SCSp), managed by Provectus Capital Partners. ASEF Holdco will remain the majority shareholder of the Group following completion of the transaction. The agreement has been concluded subject to conditions precedent, including approval by the relevant competition authorities.

More in the press release.

The shareholders approved all proposals submitted by the Management Board and the Supervisory Board, including the dividend proposal of EUR 3.00 gross per share. Shareholders entered in the Company’s share register on 16 June 2026 will be entitled to receive the dividend, while the ex-dividend date will be 15 June 2026. The Company will provide the funds for the payment of dividends to the KDD account on 17 June 2026.

Andrej Slapar, President of the MB of Zavarovalnica Triglav, commented: "I would like to thank our shareholders for their continued trust and support. At today's General Meeting, they approved, among other matters, a dividend payment in line with our dividend policy - set at an attractive level while enabling the Triglav Group to maintain its financial strength and continue delivering on its strategic ambitions for growth and development. For more than 125 years, we have been creating value together with shareholders and other stakeholders, while building the stable and long-term-oriented development of the Triglav Group. This remains our commitment going forward."

Shareholders took note of the 2025 Annual Report, granted a discharge to both the Supervisory Board and the Management Board for 2025, approved amendments to the Articles of Association and an adjustment to the remuneration of Supervisory Board members.

More information available in Notice of the Resolutions of the 51^st AGM.

• Total business volume increased by 14% year-on-year to EUR 633.4 million, primarily driven by strong premium growth in international markets.
• Earnings before tax amounted to EUR 49.3 million (Q1 2025: EUR 54.3 million), while net earnings amounted to EUR 39.8 million (Q1 2025: EUR 46.1 million). Taking into account the anticipated business conditions for the remainder of the year, Triglav Group estimates that it will achieve its planned annual earnings before tax for 2026 (EUR 170–190 million).
• Combined ratio stood at 93.0% (Q1 2025: 88.5%), while the new business margin Life was 14.8% (Q1 2025: 11.7%). Annualised return on equity stood at 15.6% (Q1 2025: 19.8%).
• Capital adequacy remained within the target range of 200–250% at the end of the first quarter.
• Proposed dividend for 2026 amounts to EUR 3.00 gross per share, totalling EUR 68.2 million (7% higher than in the previous year), which, in line with the dividend policy, represents half of consolidated net earnings for 2025. The AGM is scheduled to take place on 2 June 2026. Record date is 16 June 2026, payment date is 17 June 2026 and ex-dividend date is 15 June 2026. More in the Dividend section.

More in the press release.

Zavarovalnica Triglav informs its shareholders about the start of the organized collection of proxies for voting at the 51st regular Annual General Meeting of Shareholders, which will be held on 2 June 2026. More in announcement.

According to the proposal, the record date in the register of shareholders for dividend entitlement is Tuesday, 16 June 2026. Triglav will ensure the funds for dividend payment on KDD account on Wednesday, 17 June 2026. Ex-dividend date is Monday, 15 June 2026. More in Dividend section.

The Company’s Management Board hereby convenes the 51st General Meeting of Shareholders of Zavarovalnica Triglav d.d., to be held on 2 June 2026 at 10:00 a.m. in the Diamant Hall of the Grand Plaza Hotel, Slovenska cesta 60, 1000 Ljubljana.

More information available in the notice.

The Management Board and the Supervisory Board of Zavarovalnica Triglav will propose to this year's General Meeting of Shareholders to pay a dividend of EUR 3.00 gross per share, or EUR 68.2 million in total, which is 7% more than last year. The proposed dividend is in line with the Company's dividend policy and represents a distribution of 50% of the Group's net earnings for 2025.

Andrej Slapar, President of the Management Board of Zavarovalnica Triglav, said: "Our goal is to ensure that Triglav's share remains a stable, profitable and secure investment that meets shareholders’ expectations, including through its dividend yield. This year, we have proposed a dividend distribution equal to half of last year's consolidated net earnings, which is in line with the dividend policy. This currently represents an approximate dividend yield of 4.8% on the ZVTG share, which is above the average for European insurers. This proposal takes into account all objectives of the dividend policy in a balanced manner, including the achievement of high ambitions regarding the development and growth of the Triglav Group in the strategic period. At the same time, we will continue to ensure that the capital adequacy of the Triglav Group remains within the target range over the medium term, as it represents the foundation for successful operations and the security of our clients. We believe that the proposed dividend enables the development of the Triglav Group in the desired direction while continuing to meet shareholders' expectations."

The notice convening this year's General Meeting of Shareholders is expected to be published on 23 April 2026, and the General Meeting is scheduled to take place on 2 June 2026.

More in the press release.

The Supervisory Board of Zavarovalnica Triglav approved the Audited Annual Report of the Triglav Group and its parent company for 2025.

The Triglav Group delivered very strong results in 2025, with earnings before tax rising by 9% to EUR 174.1 million and net earnings increasing by 4% to EUR 136.7 million.

More information in the press release, public announcement about SFCR, annual report and investor presentation.

• Total business volume grew organically by 9% YoY to EUR 1,868.3 million. Including the new business from the Italian market, the total business volume amounted to EUR 2,561.2 million (49% growth). Organic growth was achieved across all business segments.
• Earnings before tax rose by 9% to EUR 174.1 million, while net earnings increased by 4% to EUR 136.7 million.
• Combined ratio Non-Life and Health stood at a favourable 93.2% (2024: 93.6%), while the new business margin Life stood at 13.3% (2024: 13.4%). The return on equity was 13.2% (2024: 14.0%).
• Capital adequacy at year-end remained within the target range of 200–250%. As at 31 December 2025, Triglav's market capitalisation reached EUR 1.3 billion, the dividend yield was 4.7% and total share return stood at 50.9%.
• 2026 Plan: The Group plans earnings before tax of EUR 170–190 million, with a total business volume exceeding EUR 2.4 billion, and the combined ratio Non-Life and Health of around 95%.

More in the press release.

The performance indicators of Triglav Group are not only reflected in strong business results but also in this year’s increased liquidity, share price, and total return of Triglav’s share. These are also the criteria used by the Ljubljana Stock Exchange for its annual traditional award of the highest recognition, the “Prime Market Share of the Year.” This year, Triglav’s share earned this prestigious title and additionally received the award for the for the Biggest Stock Market Rise.

More about the awards and highlights from event.

On March 28, 2025, Triglav Group hosted the Capital Markets Day 2025 event in Bled, where we presented our strategic ambitions until 2030 to investors, shareholders and analysts.