Business News

Adriatic Slovenica Premiums Up 2.1%, Payouts 5.2%

Ljubljana, 25 November (STA) - Insurer Adriatic Slovenica collected net premiums worth EUR 190.4m in the first nine months of the year, a rise of 2.1% compared to the same period last year. Net payouts in the same period rose 5.2% to EUR 136.9m.

Reviewing the results at Wednesday's session, the supervisory board of Slovenia's third-largest insurer labelled them as "significantly better than last year's".

Premiums were up foremost in fire and home insurance, while car and life insurance premiums fell, the insurer said in a press release.

Payouts rose most in health insurance, while the insurer saw a drop in property claims following a disaster-filled year in 2008.

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