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2You are our priority, in a world that keep changing.

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It cooperates with experienced and specialized personnel providing partners with Service, Respect and Immediacy.

Apeiron Insurance Project

What MGA means;

M.G.A. (Managing General Agents) standsfor companies performing insurance works, such as pricing of insurance programs, risk-taking, creating sales networks, settling damages and paying compensations and remunerations to partners.

Apeiron Insurance Project, a modern and dynamic company, is the first M.G.A. (Managing General Agents) company in Greece, with the main purpose of representing foreign insurance companies and distributing top insurance products to all sectors at the best price and guaranteeing the largest re-insurance houses.It undertakes the design of programs, compensations as well as the creation of sales networks.

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Apeiron Insurance Project

Today, we list more than 400 active collaborations all over Greece.

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1 Triglav Group and Zavarovalnica Triglav in 2019 Accounting ReportBusiness Report Table of ContentsRisk Management>><< The Triglav Group and ZavarovalnicaTriglav d.d. Annual Report 2019

Tradition or Future?We unify both.

1. Triglav Group

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Triglav Group

38 Companies5281 EmployeesControlling Company Triglavd.d., founded 1900

Well balanced structure of GWP

Stock Market

0,58%

0,73%

0,79%

0,84%

1,02%

1,32%

2,73%

6,57%

28,09%

34,47%

The Bank of New York Mellon, USA

Pozavarovalnica Sava RE d.d., Slovenia

Kuwait Investment Authority, Kuwait

East Capital-East Capital Balkans,Luxembourg

Hrvatska poštanska banka d.d., Croatia

Citibank, Great Britain

Unicredit Bank Austria, Austria

Assiko Bank, d.d., Croatia

SDH d.d., Slovenia

ZPIZ Slovenia, Slovenia

Top Ten shareholders of Zavarovalnica Triglavd.d. as at 31/12/2019 (ownership in %)

Solvency RatioStrong 200%-250%

283%2019

Motor Liability 28%

Property 27%

Life 20%

Health16%

General Liability 4%

Accident 4%

Credits 3%

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Combined Ratio 91,5%

€100,9 millionNet profit before tax (+15%)

€1,184 million.Gross written premium (+7%)

1.068,40

1.184,00

2018 2019

62,50%

63,20%

29,30%

28,30%

2018 2019

Ratio Ζημιών Ratio Εξόδων

97,50

100,9

2018 2019

2. Performance at a Glance 2019

Credit Rating

“A”, stable

76,10%

5,60%

4,90%

3,10%2,60%

2%5,80%

Market share trends in the insurance companies of Triglav Group in 2019

Slovenia

Croatia

Serbia

Montenegro

Bosnia Herzegovina

FYROM

Internat.reinsurance

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3. Leading Market Position Both in Slovenia and Adria Region

3,50%

7,40%

8,60%

8,80%

20,20%

Allianz

Generali

Sava Re Group

Croatia Group

Triglav Group

Adria Regio 2017

12,00%

5,90%

12,90%

16,60%

17,20%

Άλλες

Modra zavarovalnica

Vzajemna

Sava Re Group

*Generali&Adriatic…

Triglav Group

Slovenia 2018

35,40%

2018- Entry into Greek motor vehicle insurance market through Apeiron Insurance Project

**In 2019 Generali acquired Adriatic Slovenica (Market share in 2018 in Slovenia: Generali 4.4%, Adriatic Slovenica 12.85%)