Pozavarovalnica Sava d d : Investor presentation 2022
April 06, 2023 at 08:14 am EDT
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Sava Insurance Group presentation
April 2023
Disclaimer
Forward-looking statements
This document may contain forward-looking statements relating to Sava Re's expectations, plans or goals, which are based on assumptions made by Sava Re management. By their nature, forward-looking statements involve risk and uncertainty. As a result, actual developments, in particular performance, may differ materially from expectations, plans and goals set out in this document; therefore, persons should not rely on forward-looking statements.
Duty to update
Sava Re assumes no obligation to adjust any forward-looking statements or other information contained in this document to future events or developments.
Contents
Overview
Profile of business pillars
2022 results
2023-2027strategy
2023 plan
Business profile
Sava Insurance Group GPW and market shares (insurance) 2022 by country
Breakdown of 2022 consolidated GPW by segments
Slovenia:
GPW: €541.9 m
Total market share: 19.3% 1 composite ins. company 1 reinsurance company
1 life insurance company
1 pension ins. company
1 fund mng company
Croatia:
GPW: €17.5 m
Total market share: 1.0% 1 composite branch office of Slovenian insurer
Montenegro:
GPW: €17.4 m
Total market share: 16.1%
1 non-life ins. company
1-9/2022as data for the full year 2022 have not yet been published.
Key facts
Serbia:
GPW: €35.2 m
Total market share: 3.2%*
1 non-life & 1 life ins. company
Kosovo:
GPW: €20.5 m
Total market share: 15.3%
1 non-life & 1 life ins. company
North Macedonia:
GPW: €17.4 m
Total market share: 8.4%
non-lifeins. company
pension fund
= € 774.1 m
The 3rd largest insurance group in the Adria region (total GPW of € 774.1 million in 2022).
Presence in 6 Adria countries with strong position in underpenetrated markets alike Montenegro, North Macedonia and Kosovo.
•
The largest non-captive reinsurer in the region with business
spanning
worldwide.
After the takeover of Slovenian fund management company in 2019 Sava Insurance Group has over € 3 billion assets under management.
Rating: S&P A, stable outlook (Sep 2022), AM Best A, stable outlook (Sep 2022)
Listed on the prime market of the Ljubljana Stock Exchange (POSR symbol)
Solvency position of Sava Insurance Group at 31 Dec 2021: SII: 198%
4 Overview • Profile of business pillars • 2022 results • 2023-2027 strategy • 2023 plan
Sava Insurance Group
Composition of the Sava Insurance Group as of December 31, 2022
The percentages in the figure relate to equity stakes. The equity stakes provided for G2i, Sava Infond and DCB differ from the voting rights held by these companies.
5 Overview • Profile of business pillars • 2022 results • 2023-2027 strategy • 2023 plan
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Pozavarovalnica Sava dd published this content on 04 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 April 2023 12:13:05 UTC.
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. 
