1.

Business volume, as measured by gross premiums written, increased year on year in both the Slovenian and Croatian markets. We exceeded the planned gross premium volume by 1.7%, or EUR 11.2 million.
Net profit for the year totalled EUR 68.9 million, exceeding the plan by 62.4% and the previous year by EUR 21.0 million. The net result achieved in Croatia was also positive, at EUR 0.2 million, against EUR 0.6 million in the previous year.

2.

While 2023 and 2024 were heavily impacted by natural catastrophes, 2025 was characterised by low natural catastrophe activity and a significantly lower impact on profit than in previous years. Gross claims paid for natural catastrophes totalled EUR 22.6 million, impacting the year’s profit by EUR 16.6 million.

3.

Gross operating expenses were higher than planned. The gross expense ratio deteriorated, rising by 0.6 percentage points to 25.2%. The insurance service result (excluding non-attributable expenses) was EUR 32.6 million above plan, driven by lower insurance service expenses and higher insurance revenue.

4.

In Slovenia and Croatia, we are introducing a new core IT support to upgrade and replace our older systems. Given the scale of the project, its implementation will continue over the coming years.

4.

The credit rating agency S&P Global Ratings upgraded the company’s financial strength rating to “A+” with a stable outlook.