Sava Re’s net profit down over 10%

Slovenian insurer and reinsurer PozavarovalnicaSava dd’s net profit dropped 10.4% year-on-year to €68.2 million ($72.5 million) in 2022, mainly due to the rising claims frequency, SeeNews reported. Its gross written premiums increased by 6.1% year-on-year to €774.1 million.