SLOVENIA's Sava Re focusing on organic growth within current market footprint

6 July 2015 —
Slovenian reinsurer Sava Re plans organic growth primarily in markets where it already has operations while also examining other opportunities for expansion, the chairman of the company's managing board said.

Elsewhere in Southeast Europe, the Sava Re Group has operations in Kosovo, Macedonia, Montenegro, Serbia and Croatia.

"In our view, organic growth is preferable in markets where we control at least 10%, while acquisitions are preferable in large markets where our market share is small," Zvonko Ivanusic told SeeNews in an emailed interview.

The official said Sava Re is not considering exiting any of the markets where it operates, adding that the company has sufficient capital available for potential expansion. Read the full story SLOVENIA's Sava Re focusing on organic growth within current market footprint
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