CORRECTION: Insurance group Sava Re's net profit down 5.5% to EUR 31.1m (adds)
comparison of Zavarovalnica Sava profit in 2017 and 2016 in para 12
Please note that insurer Zavarovalnica Sava recorded a slightly higher profit in 2017 than in 2016, and not lower.
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.
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