Montenegro's top insurer Lovcen Osiguranje, part of Slovenia's Triglav Group, has reported that its consolidated net profit rose to EUR 3.17 million in the first half of 2026, from EUR 2.97 million a year earlier, SeeNews reports.

According to the company, its operating revenue increased to EUR 19.7 million in January-June from EUR 18.42 million a year earlier, while gross premium income increased to EUR 19.34 million from EUR 18.10 million.

Operating expenses also rose, reaching EUR 12.89 million in the first half of the year from EUR 11.38 million in the same period of 2025.

The company's total assets increased to EUR 101.9 million at the end of June from EUR 91.2 million a year earlier.

Lovcen was the largest insurer in terms of GWP among nine active insurance companies in Montenegro at the end of May, according to data from the country's insurance supervision agency ANO, the source added.