Insurance group Sava Re's net profit down 5.5% to EUR 31.1m

Ljubljana, 9 March - The insurance and reinsurance group Sava Re collected EUR 517.2m in gross premiums last year, which is 5.5% more than in 2016 and 4.7% more than planned. Net profit was however down 5.5% to EUR 31.1m, mostly owing to major damage payouts.