Insurance group Sava Re reports 29% lower profit

Ljubljana, 19 May - Sava Re, Slovenia's second largest insurance group, posted a 29% drop in net profit in the first quarter, to EUR 16.8 million, reflecting a return to normal post-Covid claims frequency in the automotive segment. Operating revenue remained level at EUR 177.8 million.

Ljubljana Presentation of the Sava insurance group unaudited business results for 2021. Photo: Nebojša Tejić/STA

Ljubljana
Presentation of the Sava insurance group unaudited business results for 2021.
Photo: Nebojša Tejić/STA

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