Pozavarovalnica Sava, D.D. Reports Earnings Results for the Nine Months Ended September 30, 2020
November 20, 2020 at 03:00 am EST
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Pozavarovalnica Sava, d.D. Announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced net income was EUR 47.472 million compared to EUR 37.506 million a year ago. Basic earnings per share from continuing operations was EUR 3.06 compared to EUR 2.42 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. 
