Slovenia

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Location map
author: OCHA/ ReliefWeb


Location:
- Central Europe, eastern Alps bordering the Adriatic Sea;
- Neighbours: Italy, Austria, Hungary, Croatia.

Climate:
- Mediterranean climate on the coast, continental climate with mild to hot summers and cold winters in the plateaus and valleys to the east.

Natural hazards:
- flooding;
- earthquakes.

Macro indicators
* 2018 estimates
Surface:20,273km2
Population*:2.1million
Pop. density*:102.1people/km2
GDP*:45.9EUR billion
GDP/capita*:22,205.2EUR

European Union:
EU member, since 2004

Currency: Euro
Code: EUR
Since: 2007


Insurance market portfolio
* 2018 estimates
TOTAL LIFE*:31%
TOTAL NON-LIFE*:69%
Overall Property*:12%
Overall Motor*:23%


Sources:





 


Statistics

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Slovenia 1Q2020 Insurance Companies Rankings

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Slovenia 1Q2020 Market Portfolio


See all statistics

Latest news

SLOVENIAN insurer Triglav completes sale of Avrigo unit to Adventura Prevozi

Slovenian insurer Zavarovalnica Triglav said on Friday it has completed the sale of its 97.31% stake in bus transport unit Avrigo to Adventura Prevozi.  Following the fulfilment of regulative and other conditions arising from the agreement on the sale of a 97.31% stake in Avrigo to Adventure Prevozi, Zavarovalnica Triglav has completed the transaction, the insurer said in a filling with the Ljubljana bourse.

SLOVENIA's NKBM sells 45% stake in pension co to Sava Re

Slovenian reinsurer Sava Re said on Thursday it has acquired from lender Nova Kreditna Banka Maribor (NKBM) a 45% stake in pension company Moja Nalozba Pokojninska Druzba. The deal is conditional on getting relevant approvals from the Insurance Supervision Agency and the Competition Protection Agency, Sava Re said in a filing to the Ljubljana bourse.

STATISTICS: SLOVENIA, 3Q: 1.2% aggregate growth-rate due to the 5% expansion of the life segment

Insurance premiums in Slovenia totaled EUR 1.51 billion in 3Q2015, 1.21% more compared with the January-September 2014 period, according to the figures published on SIA's (Slovenian Insurance Association) website. On the claims side, the aggregate value increased by 2.63% to EUR 986.36 million, of which EUR 295.86 million were life indemnities and EUR 690.51 million - paid claims related to non-life sub-classes.

SLOVENIA's KD Group 9-mo net profit plummets

Slovenian financial services provider KD Group said on Wednesday its net profit dropped to 231,000 euro in the first nine months of 2015 from 7.8 million euro a year earlier.

SLOVENIA: Fitch affirms insurer Adriatic Slovenica at IFS 'BBB-'

Fitch Ratings said on Tuesday it has affirmed the Insurer Financial Strength (IFS) rating of Slovenian insurer Adriatic Slovenica at BBB- and the Issuer Default Rating (IDR) rating of Adriatic Slovenica's holding company, KD Group, at BB-.

SLOVENIA's KD Kapital signs deal to sell 50.04% of Zicnice Vogel

Slovenian financial services group KD said on Tuesday its unit KD Kapital has signed a deal for the sale of 50.04% of ski slope operator Zicnice Vogel. The move is part of a strategy for the divestiture of non-strategic investments, a KD spokesperson said in an emailed response to a SeeNews inquiry.

STATISTICS: SLOVENIA 1H2015: Timid signs of recovery in GWP

After several years of sluggish decline, in 1H2015 the Slovenian insurance market seemed to show some recovery signs, with a 3.8% increase in the life GWP and lower negative change rate, of 0.8%, on the non-life side, overall resulting in a 0,4% y-o-y growth of the total GWP volume, to EUR 1.06 billion.

SLOVENIA: Sava Re announced the acquisition of 10% of local pension company

On 22 September 2015, Sava Reinsurance Company, as the purchaser, and Merkur zavarovalnica d.d. Ljubljana, as the seller, signed a purchase contract for 1,510 shares of the pension company Moja nalozba pokojninska druzba d.d., which represents 10 percent of the pension company's issued shares.

SLOVENIA: Insurance Market Supervisor Argues New Rules Making Insurers Even Safer

Head of the Insurance Supervision Agency Sergej Simoniti has told the STA that the EU's Solvency II directive will make Slovenian insurers even safer, since it introduces higher risk management standards. Simoniti, who does not expect any insurance companies to need extra capital, highlighted good oversight as a key reason for this.


TRIGLAV launches first user-based insurance service in SLOVENIA

Slovenian Insurance company Zavarovalnica Triglav, part of Triglav Group, successfully released the first true usage based insurance product in the Adria Region. The Triglav Group is one of the leading insurance-financial institutions in South-East Europe. It is present in seven markets and six different countries.

STATISTICS: The SLOVENIAN market shrank by about EUR 10 million in 1Q2015

The Slovenian insurance market totaled EUR 547.10 million at the end of March 2015, 1.67% less (or EUR 9.27 million in absolute value) as compared with 1Q2014, statistics of the country's Insurance Association indicated. The value of paid claims increased in absolute value by EUR 3.63 million to EUR 332.61 million, of which EUR 100.30 million were life indemnities and EUR 232.31 million - claims related to non-life sub-classes.



SLOVENIA's KD Group signs EUR 67 million syndicated loan deal

Slovenian financial services group KD said on Tuesday it has signed a 67 million euro loan deal with a syndicate of local banks in a bid to refinance its financial liabilities. The seven-year loan - extended by NLB, Abanka Vipa, Gorenjska Banka, Banka Celje and NKBM, should ensure an optimal financing structure across the group while improving the maturity profile of funding sources, KD Group said in a statement.

TRIGLAV Group chooses SimCorp Dimension

SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced that Triglav Group, the leading insurance and financial group in the Adriatic region, has selected SimCorp Dimension as the new software solution for its front-, middle- and back-office operations.


SLOVENIA's TRIGLAV raises SPD stake to 66.7% after takeover bid

Slovenia's biggest insurer, Zavarovalnica Triglav, said on Wednesday it has raised its stake in local pension insurer Skupna Pokojninska Druzba (SPD) to 66.65% from 30.14% after filing a takeover bid. The strategic move aims to strengthen Triglav's presence on the Slovenian pension insurance market and position the company to take advantage of future growth opportunities there.