"A 9.6% profit growth can be considered a very good result, especially as it was achieved in such tight conditions. This good profit was also a consequence of economy measures which helped reduce operating costs by 2.6%", said Matjaz RAKOVEC, President of the Management Board.
In the period from 1 January 2011 to 30 September 2011, Zavarovalnica TRIGLAV booked a total of EUR 548.9 million in gross written premium or 3.2% less than in the same period of 2010. Non-life insurance premium totaled EUR 398 million (-3.4%), while life insurance premium amounted to EUR 150.9 million (-2.6%).
At the same time, Zavarovalnica TRIGLAV recorded EUR 304.8 million in gross claims, or 3.8% more than in 3Q2010.
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