3 April 2026
Sava Re proposes €0.50 higher dividend, up 22.2% YoY
In accordance with the Ljubljana Stock Exchange rules and the Market in Financial Instruments Act, Sava Re d.d., Dunajska 56, 1000 Ljubljana (Sava Re or the Company), makes the following announcement:
At its session on 2 April 2026, the supervisory board of Sava Re d.d. approved the audited Annual Report of the Sava Insurance Group and Sava Re d.d. for 2025.
The supervisory and management boards have prepared a proposal for this year’s general meeting of shareholders to pay a gross dividend of EUR 2.75 per share to the Company’s shareholders. Taking into account the number of treasury shares, this amounts to EUR 42,618,664.00, or 37.4% of the Group’s consolidated net profit for 2025.
The Sava Insurance Group closed 2025 successfully and above its financial targets, achieving a net profit of EUR 114,052,599. Accordingly, the supervisory and management boards have drafted a dividend resolution for the general meeting that reflects the Group’s performance. In doing so, the Company also considered other factors, namely the estimated surplus of eligible own funds over the solvency capital requirement under Solvency II, the own risk and solvency assessment of the Group, the capital models of S&P Global Ratings and AM Best, the approved annual and strategic plans of the Group and the Company, new development projects to engage additional capital and other relevant circumstances affecting the Company’s financial position. The 22.2% increase in the dividend (representing 37.4% of the Group’s consolidated net profit for 2025) is based on strong performance in 2025 that exceeded the plan. As in previous years, the Company will continue to pursue its dividend policy of distributing between 35% and 45% of consolidated net profit.
Based on the proposal of the Sava Re management board, the supervisory board approved the resolution on the appropriation of the distributable profit for 2025 of EUR 57,429,261.65, as presented in the 2025 annual report: EUR 42,618,664.00 to be appropriated for dividends, and the remaining part of the distributable profit of EUR 14,810,597.65 to be left unallocated and be carried forward to the following year.