S&P affirms high “A” credit ratings with a stable medium-term outlook
On 30 July 2019, S&P Global Ratings (hereinafter: S&P) reaffirmed the “A” Long-Term Credit Rating and Financial Strength Rating of Triglav Group and thereby of its parent company Zavarovalnica Triglav d.d. and its subsidiary Pozavarovalnica Triglav Re. Both ratings have a stable medium-term outlook. According to S&P, the reaffirmed high ratings reflect Triglav Group’s leading position in the Slovene insurance and asset management market, its position and strengthening in the markets of the region. Furthermore, S&P emphasizes the Triglav’s stable and profitable operations, adequate risk profile and strong capital adequacy.