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Bosnian insurer Triglav Osiguranje's net profit edges up in 2021

Bosnian insurer Triglav Osiguranje's net profit edges up in 2021 Author: Radomir Ralev

SARAJEVO (Bosnia and Herzegovina), February 25 (SeeNews) - Bosnian insurer Triglav Osiguranje [SAJ:BHOSR], part of Slovenia's Triglav Group, said on Friday that its net profit rose 1.2% year-on-year in 2021, to 2.5 million marka ($1.4 million/1.3 million euro).

Gross written premiums increased 6.8% on the year to 40.6 million marka, while income from fees and commissions rose to 5.9 million marka in 2021 from nearly 4 million marka in 2020, the company said in a financial statement filed with the Sarajevo Stock Exchange (SASE).

The insurer's operating costs rose 18.2% year-on-year to 19.4 million marka in 2021.

Triglav Osiguranje's shares have nod traded on the SASE in the past year.

Triglav Group is an international corporation founded in Slovenia.It also operates in Croatia, Bosnia and Herzegovina, Serbia, Montenegro and North Macedonia.

(1 euro = 1.95583 marka)

Triglav Osiguranje d.d. is among the biggest insurers in SEE, for more reference take a look at Top 100 insurers
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