Investor Presentaiton
About Triglav Group / Appendix (2023 Unaudited Results & 2024 Outlook)
Capital Management
Triglav is consistent with its risk appetite if long-term capital
adequacy is between 200% and 250% in the long term
(based on S&P credit rating A, individual values within range are
not targeted).
Capital management is centralized at group level
(concentration of capital in parent company).
Ensuring efficient use of available capital, which provides:
The capital management strategic objectives and the dividend policy criteria
> 250%
Surplus
capital adequacy
Target
200-250%
capital adequacy
Possibility of a more aggressive growth of
business volume, assessment of potential
changes in the business strategy
Regular performance of
risk management activities
150-200%
Sub-optimum level
of capital adequacy
Safety and profitability of operations at the Group level
High level of trust of all stakeholders
Compliance with regulatory requirements in field of capital
adequacy
130-150%
Achieving adequate capital adequacy in ORSA process
Maintaining credit ratings grades of at least A
Triglav Group: Investor Presentation_March 2024
< 130%
Analyzing possible medium and long-term
measures to improve capital adequacy and
emphasized monitoring of risks
Warning level of
capital adequacy
Implementation of measures
to improve capital adequacy
Insufficient
capital adequacy
G
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