Sava Re management proposing dividend payout amounting to EUR 16.3m

Ljubljana, 14 October - The management of insurer Sava Re has called an AGM for 16 November to decide on a dividend payout although the insurance sector was recommended not to pay out dividends due to Covid-19 uncertainties. Proposing a EUR 16.3 million payout, Sava Re argues current operations show dividends would not harm its solvency despite the uncertainties.