Pozavarovalnica Sava, D.D. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 20, 2021 at 03:00 am EDT
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Pozavarovalnica Sava, d.D. Announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced net income was EUR 23.492 million compared to EUR 10.245 million a year ago. Basic earnings per share from continuing operations was EUR 1.52 compared to EUR 0.66 a year ago.
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. 
