Insurer Triglav’s group net profit up by 25% in first quarter

Ljubljana – Zavarovalnica Triglav, Slovenia’s largest insurance company, posted a group net profit of EUR 33.2 million for the first quarter of 2022, a year-on-year increase of 25%. Revenue grew by 12% to EUR 443 million despite what the company described Thursday as a challenging situation. Consolidated profit before tax, amounting to EUR 38.1 million, was 20% higher than in the same period last year, with its growth stemming from underwriting activities and own asset management. Gross written premium increased by 10% to EUR 407 million with premium growth recorded…

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