Location map
author: OCHA/ ReliefWeb

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

- 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
Pop. density*:102.1people/km2
GDP*:45.9EUR billion

European Union:
EU member, since 2004

Currency: Euro
Code: EUR
Since: 2007

Insurance market portfolio
* 2018 estimates
Overall Property*:12%
Overall Motor*:23%



SAVA and TRIGLAV to purchase Diagnostic Centre Bled

Sava Re and Triglav Group announced the acquisition of 80% share capital of Diagnostic Centre Bled (Diagnosticni center Bled d.o.o.), representing 100% of the voting rights through their jointly-owned company ZTSR d.o.o..

Slovenian Groups TRIGLAV and SAVA Re rated "a" by the Standard&Poor's agency

In July 2019, S&P announced it has reaffirmed the "A" Long-Term Credit Rating and Financial Strength Rating of TRIGLAV Group and affirmed the financial strength rating of SAVA Re Group to "A". Both ratings have a stable medium-term outlook and are valid also for the groups' parent companies and subsidiaries.

SLOVENIA: NLB privatisation process successfully completed

On 19 June 2019, Slovenian Sovereign Holding (SDH) successfully completed the privatisation process of Nova Ljubljanska banka, d. d. (NLB). The Republic of Slovenia will remain the largest shareholder of NLB, with a 25% stake plus 1 share.

SLOVENIA: Green Card passive claims increased by 46% in the past 7 years

In 2018, there was a total of 7,285 "Green Card" claims for motor accidents caused by Slovenian vehicles, almost three times higher than 2,456 Green Card claims for motor accidents caused by foreign vehicles inside Slovenia, Slovenian Insurance Association (SIA) figures show.

TRIGLAV 1Q2019 net profit increased by 9% at Group level

Slovenia-based Triglav Group registered a profit of EUR 26 million in the first quarter of 2019. Investments played the biggest role for the 9% increase in Group's profit. Triglav's activity outside Slovenia slightly increased compared to 2018 Q1.

The Sava Re Group has a new umbrella brand

The umbrella brand Sava Re Group will be replaced in all corporate documents by Zavarovalna skupina Sava in Slovenian and Sava Insurance Group in English, starting with the 1Q financial report for 2019, the Group has announced.

STATISTICS: SLOVENIA, FY2018: market growth driven by UL, health and motor insurance lines

Slovenian insurers ended 2018 with GWP worth EUR 2.34 billion, 7.4% up y-o-y. Unlike in other CEE markets, the Unit-Linked life insurance line had a strong positive contribution to the market growth, which in absolute terms exceeded the motor insurance lines' aggregated input. Health insurance also recorded a significant increase in the GWP volume.

Sava Re: 2018 Solvency and Financial Condition Report

Sava Re published on April 2019 its Solvency and Financial Condition Report for 2018. Previous year figures showed an improved combined ratio, an increase in net result of EUR 33 million and a slight decrease in premiums total volume, due to changes in the underwriting strategy.