Sava Re first quarter net profit halves to EUR 4.6m y/y

Ljubljana, 24 May - Net profit at insurance group Sava Re halved to EUR 4.6m and pre-tax profit dropped by 42% to EUR 6.6m in January-March compared to the same period last year. The group collected EUR 167m in gross premiums, a yearly increase of 4.4%, show unaudited results released on Thursday.