Operating revenue of the company increased to EUR 40.9 million last year from EUR 37.0 million in 2024, with gross premium income climbing to EUR 37.3 million from EUR 33.9 million, according to the consolidated financial statement of Lovcen Osiguranje.
Operating expenses rose to EUR 24.5 million in 2025 from EUR 22.3 million in 2024. The gross operating profit climbed to EUR 16.4 million from EUR 14.7 million in the period under review. The company's total assets increased to EUR 91 million at the end of December from EUR 82 million at the end of 2024.
At the end of 2025, Lovcen Osiguranje was the largest insurer in terms of GWP among nine active insurance companies in Montenegro, according to data from the country's insurance supervision agency ANO, the source added.
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