Pozavarovalnica Sava

Earnings Release • Sep 28, 2016

Category: Inside information

Published on: SEOnet

Published at:  27.09.2016 14:30

Published document ID: INI-624/16

INI-626/16

SAVA RE, d. d., Ljubljana

August Storm Losses Assessed

Pursuant to the Rules of the Ljubljana Stock Exchange, d.d., Ljubljana and applicable legislation, Sava Re, d.d., Ljubljana announces the following:

In mid-August, the northeastern and central part of Slovenia were hit by a storm with strong winds, heavy rainfall and hail. In the northeastern and central regions of Slovenia, a lot of damage to residential, commercial and industrial properties as well as to cars was reported. Insured losses assessed by the Sava Re Group with respect to this event are currently close to € 6 million. However, a loss event of this size had already been factored into the Sava Re planned figures for the year-end.

This announcement will also be available on the Company’s website at www.sava-re.si, at least five years from the date of the announcement.

The management board

Date: 28.09.2016