Following its regular annual revision, the A.M. Best credit rating agency reaffirmed the financial strength rating of 'A-' (Excellent) and issuer credit rating of 'a-' (Excellent) of Zavarovalnica Triglav. Both credit ratings reflect solid risk-adjusted capitalisation, lasting good business results and the Triglav Group's leading competitive position in the Slovene market and the Adria region.

The medium-term outlook of Zavarovalnica Triglav is 'positive' as the credit rating agency assessed that the Company's performance over the past five years was excellent and its business outlook is promising. Despite challenging conditions in the insurance markets of South-East Europe, the Group, in accordance with its strategic objectives, continues to improve its business results and carry out planned activities aimed at further growth. Moreover, the outlook reflects a solid capital adequacy and appropriate risk management of the Company.

Furthermore, the A.M. Best reaffirmed the two credit ratings of Triglav's subsidiary Pozavarovalnica Triglav Re, thereby confirming its key role and important contribution to the implementation of the Triglav Group's strategic objectives. Both credit ratings have a stable medium-term outlook.

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