Pozavarovalnica Sava dd : S&P Affirms "A-" Ratings on Sava Reinsurance Company; Outlook Stable
July 04, 2016 at 09:20 am EDT
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Pursuant to the Rules of the Ljubljana Stock Exchange, Ljubljana, Sava Reinsurance Company, d.d., Ljubljana, hereby announces the following:
After its regular annual rating review, rating agency Standard & Poor's (S&P), in accordance with its criteria for insurers, reaffirmed the existing 'A-' ratings with a stable outlook.
The ratings reflects the Company's improved business risk profile, its long-term stability and financial soundness.
This announcement will be available on the Company's website at www.sava-re.si, at least five years from the date of the announcement.
Pozavarovalnica Sava d.d. published this content on 04 July 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 July 2016 13:20:04 UTC.
Original documenthttp://www.sava-re.si/en/media-centre/news/1421/s-p-affirms-a-ratings-on-sava-reinsurance-company-outlook-stable/
Public permalinkhttp://www.publicnow.com/view/31878C3992BA9C8CC937102AF1BA5C6152C02B46
Pozavarovalnica Sava dd (or Sava Reinsurance Plc), also known as Sava Re dd, is a Slovenia-based reinsurance undertaking. It operates as a parent company of Sava Re Group, which comprises direct insurance and pension undertakings. The Companyâs activities are divided into four segments: Reinsurance operations, Non-life insurance operations, Life insurance operations and Other business segment. The Reinsurance operations segment comprises treaty and facultative arrangements for intra-group clients and insurance and reinsurance partners worldwide. The Non-life insurance operations segment supports local markets with non-life insurance products and customer oriented services. The Life insurance operations segment is focused on life protection and saving products, including pension schemes. The Other business segment comprises operations of the Companyâs non-insurance subsidiaries. Sava Re Group operates through subsidiaries in Slovenia, Croatia, Serbia, Macedonia, Montenegro and Kosovo.
POZAVAROVALNICA SAVA, D.D. 
