Bosnia's Adriatic Osiguranje posts higher net profit in 2023

The insurer's gross written premiums reached 95.5 million marka in 2023, some 18.3% higher compared with the year before, Adriatic Osiguranje said in a financial report.

Operating costs increased by an annual 20.5% to 37.2 million marka in 2023.

The company's total assets stood at 143.2 million marka at the end of 2023, up from 128.4 million marka at the end of 2022.

Adriatic Osiguranje's shares last traded on the SASE on Wednesday, when they closed flat at 550 marka.

(1 euro = 1.956 marka)