• 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.

The shareholders approved the Management Board's and the Supervisory Board's proposal to pay out a dividend of EUR 2.80 gross per share, which represents a 6% dividend yield. The ex-dividend date is Monday, 16 June 2025.

The General Meeting of Shareholders approved all proposals submitted by the MB and the SB. Andrej Slapar, President of the Management Board of Zavarovalnica Triglav, commented: "We thank our shareholders for their continued trust and support. This strengthens our commitment to pursue Triglav Group's strategic ambitions of growth, international recognition and profitable operations, while continuing to create value effectively for all our stakeholders."

 Shareholders, inter alia, granted discharge to both the Supervisory Board and the Management Board for 2024, appointed Andrej Andoljšek and Barbara Cerovšek Zupančič as Supervisory Board members, shareholder representatives and appointed the audit firm Deloitte as the auditor for the forthcoming years.

More information available in Notice of the Resolutions of the 50^th AGM.

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.