Investor Presentaiton
About Triglav Group / Appendix (2023 Unaudited Results & 2024 Outlook)
2023 Key Financials and KPIs
TOTAL BUSINESS
EARNINGS BEFORE
VOLUME
€1,780.2M
TAX
COMBINED RATIO
NON-LIFE & HEALTH
NEW BUSINESS MARGIN
LIFE & PENSIONS
€21.1M
101.6%
14.6%
↑
↑
↑
↑
Up by 12% y-o-y
€-10.0M in 2022
99.7% in 2022
11.4% in 2022
GWP
+12% €1,653.7M
OTHER INCOME +10% €126.5M
Total
+12% €1,780.2M
In line with profit guidance
revised due to one-offs (-80% of
planned)
Insurance operating result:
€-9.4M (NAT CAT. Loss in Health.
Solid profitability in Life&Pensions)
Net investment result: €22.0M
Non-insurance result: €8.4M
Expense ratio NL&H: 25.3%
(+0.2 pp y-o-y)
▪ Claims ratio NL&H: 76.3%
(+1.7 pp y-o-y)
Life & Pensions CSM +€51.5M in 2023
Triglav Group: Investor Presentation_March 2024
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