Triglav Saw 16% Rise Profits Last Year

By , 05 Mar 2019, 12:50 PM Business
Triglav Saw 16% Rise Profits Last Year

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STA, 4 March 2019 - The Slovenian insurance group Triglav collected EUR 1.07bn in insurance premiums last year or 7% more than in 2017, to increase its net profit by 16% to EUR 80.8m, according to an unaudited report published on Monday.

Premium growth was recorded in all insurance markets and segments, the report says, noting that the group's pre-tax profit was up 15% to EUR 97.5m.

The parent company Zavarovalnica Triglav posted a net profit of EUR 65.5m last year, up 5% year-on-year, while pre-tax profit amounted to EUR 78.5m, or 6% more than in 2017.

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