Sava Re,d.d
78.40
EUR
-0.60
(-0.76%)
ISIN
SI0021110513
Return %
Stock
S&P 500
1Y
5.95
14.20
3Y
245.37
81.12
5Y
190.37
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Semi-annual Revenue
FRC
•
in mil. unless spec.Semi-annual Earnings Per Share
FRC
•
in mil. unless spec.Semi-annual Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Marko Jazbec
- Full Time Employees
- 2,806
- Sector
- Finance
- Industry
- Multi-line insurance
- Address
- Ljubljana Slovenia
- IPO Date
- May 30, 2008
- Website
- sava-re.si
- Similar Companies
- Business
- Pozavarovalnica Sava d.d., operating as Sava Re, is a Slovenia-based reinsurance and financial services company that serves as the parent and operating holding entity of the Sava Insurance Group. The company provides a comprehensive range of reinsurance, direct insurance, pension fund, and asset management solutions to individual, commercial, and institutional clients. Sava Re operates through several core business segments: Reinsurance, Non-Life Insurance Slovenia, Life Insurance Slovenia, Non-Life Insurance International, Life Insurance International, Pension Business, and Asset Management. Its primary reinsurance portfolio encompasses treaty and facultative reinsurance solutions across property, casualty, engineering, marine, motor, agriculture, and personal accident lines, serving over 500 insurance partners across more than 120 countries worldwide. Direct non-life insurance offerings include motor third-party liability and casco coverage; residential and commercial property insurance; business interruption; general, product, and professional liability; travel insurance; health and personal accident coverage; transport and marine cargo insurance; and technical assistance services. Life insurance offerings include traditional term life, endowment, unit-linked life, pension annuity, and bancassurance-based life policies. The company also delivers voluntary supplementary pension fund administration, capital market investment management, and mutual fund management services under the Infond brand, alongside ancillary operations in automotive technical inspection, roadside assistance, and healthcare services. Sava Re conducts its direct insurance and asset management operations primarily across the Adriatic region, including Slovenia, Croatia, Serbia, Montenegro, Kosovo, and North Macedonia, through subsidiaries such as Zavarovalnica Sava, Zavarovalnica Vita, Sava Infond, Sava Pokojninska, Sava Osiguranje, Sava Osiguruvanje, Illyria, and Sava Penzisko Društvo. Founded in 1977 and legally established in its current form in 1990, the company is headquartered in Ljubljana, Slovenia, and its shares are listed on the Ljubljana Stock Exchange under the ticker symbol POSR. In recent corporate developments, Sava Re has advanced its 2023–2027 strategic plan, prioritizing digital transformation, operational efficiency, customer-centric product innovation, and environmental, social, and governance (ESG) integration across underwriting and asset portfolios. The group has strengthened its distribution capabilities by expanding strategic bancassurance alliances in its domestic market and establishing new reinsurance distribution partnerships across selected international jurisdictions. Furthermore, Sava Re has modernized its core information technology architecture and risk modeling frameworks, while maintaining robust capitalization that supported credit rating upgrades from major rating agencies, including an upgrade of its long-term financial strength rating to A+ by S&P Global Ratings.