Slovenia
SLOVENIA'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 2018Slovenia: the AZN decision against ADRIS will be reconsidered
The Slovenian Administrative Court annulled the Insurance Supervision Agency (AZN) decision to deny the Croatian holding ADRIS Grupa to increase its stake in SAVA Re to more than 20%.
15 March 2018SLOVENIA's start-up InsurePal raises USD 18 million in cryptocurrency offering
Slovenian-based start-up InsurePal, a distributed social proof insurance platform, said on Wednesday it has raised USD 18 million (14.7 million euro) in its Initial Coin Offering (ICO) by selling-out all 201 million of its tokens.
22 January 2018SLOVENIA: SAVA Re announced changes in its ownership structure
Slovenian reinsurer SAVA announced that the Slovenian Sovereign Holding (SDH), one of its main shareholders, transferred 1,261,034 of SAVA Re shares to the Republic of Slovenia.
11 January 2018SLOVENIA: Every second accident on Slovenia's ski slopes involves a child or young person
Slovenia's ski slopes saw nearly 900 accidents during the last winter season, with over half the accidents involving children and young people under 20.
8 January 2018SLOVENIA's Sava Re predicts drop in cons net profit in 2017
Slovenian reinsurer Sava Re said on Friday it expects to end 2017 with a consolidated net profit of 31 million euro (USD 36.7 million), down from 32.9 million euro last year.
8 January 2018SLOVENIA: Insurer Adriatic seeking ways to address tough competition
Adriatic Slovenica, the third biggest insurance group in the country,
has unveiled a new five-year strategy, which aims to address growing
challenges on the market, including tougher competition because of a
merger of two competitors. The January-September profit of the group,
which is up for sale, dropped 17% from a year ago to EUR 6m.
19 December 2017STATISTICS: Slovenia: TRIGLAV and SAVA accounted for the largest share on the two main market segments
The Slovenian insurance market reported a 6.6% y-o-y nine months growth rate to about EUR 1.67 billion, statistics of the country's Insurance Association indicated.
7 December 2017SLOVENIA: Sava Re celebrates its 40th anniversary
Sava Re celebrates forty years. A ceremony was held on 21 November 2017 in Ljubljana (Slovenia) to celebrate this event.
5 December 2017STATISTICS: SLOVENIA, 1H2017: Severe weather events have pushed property claims already double digit up
Slovenian insurers half year results show a 6.8% increase in GWP, to EUR 1.16 billion, fueled by the life and non-life insurance segments.
19 October 2017SLOVENIA: Zavarovalnica Triglav generates bulk of Slovenian bourse turnover
Insurer Zavarovalnica Triglav generated 58% of Monday's trading turnover on the Ljubljana Stock Exchange, bourse data showed.
12 October 2017Slovenian eBusiness solutions provider PARSEK, Main Partner at IIF2017: "Insurance in the DIGITAL World" Conference
PARSEK, a highly professional eBusiness solutions provider based in
Slovenia, has decided to support IIF2017: Insurance in the DIGITAL
World Conference. The event will take place in Vienna, on November 14.
5 October 2017
