21 October 2003
Sava Re interim results – promising trends
The Company generated a gross profit of SIT1.3bn in the first six months, which indicates that the Company will be able to achieve its year-end target. Gross written premiums increased 14,2%, which is 1,75 points above the growth in the Slovenian insurance market. The retention rate increased slightly compared with 2002 to 80,7%, while administrative expenses remained low at 4,1% of gross written premium.
Other important events and projects:
- Completion of the ownership transformation
The Slovenian Restitution Fund became 99,9% owner of Sava Re;
- In February the Company established the insurance brokerage company Sava Plus d.d. (for more information see www.sava-plus.si);
- Preparations for the acquisition of Slovenica Insurance Company
A binding offer was submitted on 7 July 2003, but the sale process was later suspended by the seller.
Based on interim trends, Sava Re will be able to meet the targets set for the year-end.
28 March 2023
Notification of managers’ transactions in POSR shares
Pursuant to the rules of the Ljubljana Stock Exchange d.d., Ljubljana, and the Market in Financial Instruments Act, Sava Re d.d., Dunajska 56, 1000 Ljubljana (also...
23 March 2023
Higher dividend than last year proposed for Sava Re shareholders
Pursuant to the rules of the Ljubljana Stock Exchange d.d., Ljubljana, and the Market in Financial Instruments Act, Sava Re d.d., Dunajska 56, Ljubljana, makes the...
23 March 2023
Annual Report of the Sava Insurance Group and Sava Re d.d. for 2022
Pursuant to the rules of the Ljubljana Stock Exchange d.d. and applicable legislation, Sava Re d.d., Dunajska 56, Ljubljana, makes the following announcement: At...