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Bosnian insurer Triglav Osiguranje H1 net profit rises slightly

Aug 23, 2017, 4:59:04 PMArticle by Maja Garaca
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August 23 (SeeNews) - Bosnian insurer Triglav Osiguranje [SAJ:BHOSR], part of Slovenia's Triglav Group, said on Wednesday its net profit increased to 994,700 marka ($599,800/508,600 euro) in the first half of the year from 984,612 marka in the same period last year.

Bosnian insurer Triglav Osiguranje H1 net profit rises slightly
Author: Triglav. License: All rights reserved.

Gross written premiums rose 6.3% to 22.7 million marka in January-June, while operating costs increased 2.3% to 6.6 million marka, the company said in a statement published on its website.

Last week, Triglav Group said its first-half consolidated net profit climbed 6% on the year to 36.1 million euro ($42.4 million), on the back of higher returns on investments.

The group’s consolidated insurance and co-insurance premium revenue increased 8% to 547.8 million euro in the January-June period.

(1 euro=1.95583 marka)

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