Pozavarovalnica Sava dd 2023 Annual Report with Sustainability Disclosures
The report highlights the Sava Insurance Group's performance in 2023, during which it achieved a business volume of EUR 910.1 million, representing a 14.4% increase year-on-year. Despite severe storms and floods in Slovenia causing gross claims of EUR 88.3 million, the Group exceeded its profit guidance with a net profit of EUR 64.7 million and a return on equity of 10.8%. In sustainability, the Group verified its carbon footprint for the first time, showing a 6% reduction in emissions compared to 2022, and increased its ESG-compliant investments to 16.9% of its portfolio. Additionally, the Group successfully transitioned to the new IFRS 17 and IFRS 9 accounting standards.
Company: Pozavarovalnica Sava dd
Sector: Finance & insurance
Country: Slovenia
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 399
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Pozavarovalnica Sava dd
Annual Report
The report highlights the Sava Insurance Group's performance in 2023, during which it achieved a business volume of EUR 910.1 million, representing a 14.4% increase year-on-year. Despite severe storms and floods in Slovenia causing gross claims of EUR 88.3 million, the Group exceeded its profit guidance with a net profit of EUR 64.7 million and a return on equity of 10.8%. In sustainability, the Group verified its carbon footprint for the first time, showing a 6% reduction in emissions compared to 2022, and increased its ESG-compliant investments to 16.9% of its portfolio. Additionally, the Group successfully transitioned to the new IFRS 17 and IFRS 9 accounting standards.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Apr 1, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Women on Board
Women in Management
Employees