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Sava Re Sees 340 Million Euros of Gross Written Premiums by 2016

Sava Re d.d., Slovenia’s largest reinsurance company, plans to collect more than 340 million euros ($451 million) of gross written premiums annually by 2016.

For this year the Ljubljana-based company sees gross written premiums at 271 million euros and net income of 10.6 million euros, Sava said in an e-mailed statement today.

The parent company collected 139 million euros of gross written premiums last year, it said.

To contact the reporter on this story: Boris Cerni in Ljubljana at bcerni@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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