Slovenia
S&P confirms Slovenia's Triglav at "A", medium-term outlook stable
13 September 2018COFACE announces the signing of an agreement to acquire PKZ, a credit insurance subsidiary of SID Bank
Coface announced it has signed a binding agreement with the Slovenian public SID Bank, to acquire 100% of PKZ capital, a credit insurance subsidiary of SID Bank.
11 September 2018Coface acquires credit insurance subsidiary of Slovenia's SID Bank
9 September 2018STATISTICS: SLOVENIA, 1H2018: extreme weather events' bill pushed up the market's claims expenses by 6.7%
The Slovenian insurance market saw a 6% y-o-y growth in GWP in 1H2018, to EUR 1.24 billion. The non-life insurance segment had the largest contribution to the market growth, but also to the 6.7% growth recorded on the paid claims side.
6 September 2018Slovenia's KD Group turns to cons net loss in H1
29 August 2018EC approves Slovenia's plan to sell 75% minus one share of NLB by end-2019
18 August 2018Fitch keeps Slovenia's Adriatic Slovenica on watch positive, revises KD Group to watch negative
18 August 2018SLOVENIA: Insurers collected EUR 2bn in premiums last year, profit lower
15 July 2018Sava Re Group Solvency and financial condition report 2017
Sava Re has released the Sava Re Group Solvency and financial condition report 2017, as approved by the management board of Sava Re, with the consent of the Company's supervisory board.
21 June 2018SLOVENIA's KD Group Q1 cons net profit soars
4 June 2018SLOVENIA: Adriatic Slovenica hopes for faster development under new owner
Insurance company Adriatic Slovenica expects faster and better development with the new owner, chairman of the board Gabrijel Skof told the newspaper Primorske Novice on Saturday, just days after it was sold to international group Generali, pending regulatory approval.
30 May 2018SLOVENIA's insurance regulator bans Croatia Osiguranje from upping stake in Sava Re
Slovenia's insurance regulator has again rejected a request by insurer Croatia Osiguranje to increase its stake in Slovenian insurer Pozavarovalnica Sava, known as Sava Re, to 20% or more, the Croatian company said on Monday.
30 May 2018CROATIA Osiguranje's ownership increase in SAVA Re - the saga continues
AZN- the Slovenian insurance supervisory body has denied once again allowing Croatian leading insurer CROATIA Osiguranje to increase its ownership in the Sava Re's group parent company, Pozavarovalnica SAVA, to 20% or more, SeeNews reports.
30 May 2018STATISTICS: SLOVENIA 1Q2018: positive trend in underwriting and new entries in the top segment of the market
Slovenian insurers ended 1Q2018 with total GWP worth EUR 643 million, 5.85% up y-o-y. On the paid claims side, the total market expenses wet up by 10.2%, to EUR 411.7 million, driven by the higher compensations paid for Motor Hull and property insurance.
24 May 2018SLOVENIA: Italian insurer Generali buys Adriatic Slovenica for EUR 245 m
Generali CEE, an affiliate of the world's third biggest insurer, Italy's Generali Group, signed a sales agreement to acquire Adriatic Slovenica from financial group KD Group for EUR 245m on Wednesday. The sale of Slovenia's third biggest insurer will expectedly be completed in the second half of the year.
23 May 2018GENERALI CEE is negotiating the acquisition of ADRIATIC Slovenica
On 11 May 2018, GENERALI CEE Holding and KD Group entered into an agreement on exclusivity in connection with negotiations for acquisition of 100% ownership interest in ADRIATIC Slovenica, the Italian insurance group has announced.
17 May 2018STATISTICS: SLOVENIA, FY2017: life insurance and Motor Hull, the market drivers
Slovenian insurers ended 2017 with GWP of EUR 2.18 billion, 5.5% up y-o-y, mostly capitalizing from the life insurance segment's revitalization. Thus, after a weak 2016, when the life insurance business followed a descending path, in 2017 the almost 10% growth of the Unit-Linked insurance products line gave the segment the needed stimulus to re-enter on a positive trend.
3 May 2018SLOVENIA's Adriatic Slovenica teams up with local Iryo startup
Slovenia's insurer Adriatic Slovenica (AS), a subsidiary of financial services provider KD Group, said it has formed a strategic partnership with local healthcare blockchain startup Iryo with the main goal of offering patients better and safer access to their health records.
3 April 2018Adriatic Slovenica with more premiums but less profit in 2017
The Adriatic Slovenica insurance group collected EUR 303.8m in insurance premiums last year, which is 1.7% more than in 2016, while damages payout was up by 2.9% to EUR 223.4m. The group ended 2017 with EUR 11.4m in net profit, down 4.2% year-on-year, according to audited results released on Wednesday.
22 March 2018SLOVENIA: Grawe's net profit up to EUR 1.6m in 2017
The Slovenian subsidiary of the Austrian insurance group Grawe collected EUR 42.6m in gross insurance premiums in 2017, up EUR 1m from 2016, while posting a net profit of EUR 1.6m, a rise of EUR 300,000, the company said after Monday's shareholder meeting, which discussed last year's business results.
15 March 2018
