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History

Triglav Re, Reinsurance Company Ltd. was established at the end of 1998 and started its operations at the beginning of 1999. Already in the first business year the company achieved a positive operating result and substantially influenced the Slovenian insurance market. During the years from 1999 to 2008, the market share increased from 30.0% to more than 44.0%.

1998

  • Triglav Re was established as a fully licensed reinsurance company.

1999

  • Triglav Re achieved a positive result in its first year of operation and
    established itself as an important reinsurer on the Slovenian market.

2000

  • Company started to write business from international markets.

2001

  • Increase of capital. Triglav Re was also recognized as an established reinsurance.
  • Company on the markets of Central and Eastern Europe.

2002

  • Triglav Re’s premium volume exceeded EUR 50.0 million for the first time since its establishment, and the company wrote its first business from Asian markets.

2003

  • Triglav Re’s written premium from abroad represented 9.0% of the premium volume.

2004

  • Systematic strengthening of the company’s presence on international markets.

2005

  • Triglav Re achieved profit after tax in amount of EUR 3.6 million.

2006

  • Triglav Re achieved the best operating result since its establishment with the profit after tax in amount of EUR 4.9 million.

2007

  • Triglav Re’s written premium from abroad represented more than 24.0% of the premium volume.
  • Triglav Re achieved profit after tax in amount of EUR 4.2 million.

2008

  • On 25 September 2008, Standard & Poor's Ratings Services assigned an A- rating with stable outlook to Triglav Re, Reinsurance Company Ltd.


Copyright

© Pomarancha, Mimikrija 2006