Investor Presentaiton
About Triglav Group / Appendix (2023 Unaudited Results & 2024 Outlook)
Robust Financial Stability and Strong Capital Base
Equity (in €M)
897
891
-1%
31 Dec 2022
31 Dec 2023
Solvency Ratio
219%
2021
200%
2022
2023 (estimate)
Risk Profile
250%
4%
4%
4%
4%
3%
6%
6%
6%
7%
8%
Risk of non-financial
companies
7%
7%
6%
7%
7%
Risk of companies (other
200%
32% 30%
34%
28%
25%
fin. sectors)
Operational risk
Credit risk
Market risk
49%
50%
52%
55%
47%
■Underwriting risk
2019 2020
2021
2022 2023
(estimate)
Decrease in equity mainly result of
dividend payment in 2023
Majority of capital is Tier 1 eligible. Capital
management centralised at Group level (capital
concentration at parent company)
No major changes compared to 2022YE. Further increase of
underwriting risk (higher volume of business and claims, also CAT),
decrease of market risk.
Triglav Group: Investor Presentation_March 2024
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