Zavarovalnica Triglav DD Expands Motor Insurance Business through Strategic Partnership

On June 5, 2025, Zavarovalnica Triglav DD, a prominent Slovenian insurance company listed on the Frankfurt Stock Exchange, announced a significant partnership aimed at expanding its motor insurance business. The company has entered into a reinsurance agreement with Ageas Re, the reinsurance arm of Ageas Group, in collaboration with Prima Assicurazioni S.p.A., a leading Italian direct motor insurance distributor.

This strategic move is designed to enhance Triglav Group’s business portfolio and align with Ageas’s Elevate27 profitable growth ambitions. The partnership leverages Prima’s established presence in the Italian motor insurance market, providing Triglav Group with an opportunity to tap into new customer segments and increase its market share.

Financial Overview

As of May 29, 2025, Zavarovalnica Triglav DD’s share price stood at 47.1 EUR, with a 52-week high of 49.2 EUR and a low of 40.1 EUR. The company boasts a market capitalization of approximately 1.02 billion EUR. With a price-to-earnings ratio of 9.36172, Triglav Group continues to demonstrate financial stability and growth potential within the insurance sector.

Recent Developments

In addition to the partnership announcement, Zavarovalnica Triglav DD confirmed a dividend payment on June 4, 2025, as reported by Ljubljanska borza, d.d. This follows the resolutions of the 50th General Meeting of Shareholders, which took place on June 3, 2025. The meeting provided shareholders with detailed information on the company’s strategic direction and financial performance.

Zavarovalnica Triglav DD, operating primarily in Slovenia, offers a diverse range of insurance products, including property, life, health, and accident insurance. The company’s recent initiatives and strategic partnerships underscore its commitment to growth and innovation in the competitive insurance market.

For further details on Zavarovalnica Triglav DD’s financial performance and strategic initiatives, stakeholders are encouraged to refer to the company’s official communications and financial reports.