MONTENEGRIN insurer Lovcen 9-mo gross written premiums up 9%

25 November 2015 —
Montenegrin insurer Lovcen Osiguranje, a unit of Slovenia's Triglav Group, said its gross written premiums increased 9% to 22.4 million euro in the first nine months of 2015.

In regards to the overall structure of gross premiums on the Montenegrin insurance market, Lovcen Osiguranje had the biggest market share of 37.6%, while its share on the non-life insurance segment reached 44.5%, the company said in a press release.

"We are particularly encouraged by the fact that the trend of growth in written premiums generated through internal representatives continued in the first nine months of 2015," the executive director of Lovcen Osiguranje said. Read the full story MONTENEGRIN insurer Lovcen 9-mo gross written premiums up 9%
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