Sava Re, consolidated profit slightly decreasing in 2017

In 2017, Sava Re posted a consolidated net profit slightly down in comparison with 2016. In 2017, this figure decreased by 1.9% to 31.1 million EUR (37.2 million USD)compared to the previous year.

The turnover of the Slovenian reinsurer increased by 5.5% from 490.2 million EUR (516.5 million USD) to 517.2 million EUR (619.6 million USD). The combined ratio fell by one point at 95.5%.

The return on equity (RoE) amounted to 10.1%.