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Tuesday, June 18, 2024

Triglav’s group net profit up 18% in Q1

By: P.T.,STA

Insurer Zavarovalnica Triglav saw group net profit rise by 18% in the first quarter to EUR 26.6 million as gross written revenue increased by 7% over the year before to almost EUR 372 million.

Gross claims paid amounted to EUR 171.3 million, down by 4% year-on-year, as there were no major catastrophic events in the first three months of 2021. Assets managed in mutual funds and discretionary mandate assets increased by 13% to EUR 1.307 billion, the company said in an earnings release.

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