In 2011, the Triglav Group posted a total of EUR 989.4 million in consolidated gross insurance and co-insurance premium, or 2% less than in 2010. Non-life insurance total was EUR 695.2 million (index 97), life insurance reached EUR 214.0 million (index 97) and health insurance increased to EUR 80.2 million (index 111) in gross written premium.

The structure of consolidated written premium was the following:

• non-life insurance accounted for 70.3%,
• life insurance for 21.6% and
• health insurance for 8.1%.

Gross written premium for insurance and co-insurance in 2011 - Structure

The Triglav Group members (excluding Triglav Re) booked EUR 950.1 million in non-consolidated gross insurance and co-insurance premium, or 2% less than the year before. The trends varied depending on company and market. The written premium of Zavarovalnica Triglav was lower by 3% in comparison with 2010, whilst that of Triglav Zdravstvena zavarovalnica was higher by 10%. Gross written premium grew in Triglav Pojišt'ovna by 2%, in Triglav Osiguranje, Belgrade by 7% and in Triglav Osiguranje, Banja Luka by 6%. Gross written premium was lower in Triglav Osiguranje, Zagreb by 4%, in Triglav Osiguranje, Sarajevo by 3% and in Triglav Osiguruvanje, Skopje by 7%. In Lovćen Osiguranje gross written premium declined by 9%, as the life-insurance portfolio was transferred to its subsidiary Lovćen životna osiguranja.

Gross written premium in 2011 by insurance company of the Triglav Group