Comment on Triglav Group 2021 plan: In view of the selected probable scenario of business conditions in 2021, Triglav Group plans to increase its consolidated gross written premium to EUR 1.2–1.3 billion and its profit before tax to EUR 85–95 million. The Group’s combined ratio is planned at below 95%, which is in the lower (favourable) end of the range of its average target strategic value of around 95%. The Group will operate in difficult and competitive market conditions impacted by the epidemiological situation at the global level, the scale of which still remains uncertain, while the financial markets will be affected by low/negative interest rates. With respect to development activities, the Group will pursue its vision to dynamically develop new ways of doing business by employing a client-centric approach as the foundation of the Group’s responsible long-term development, while at the same time operating profitably and safely.
More information available in public announcement and plan.