Triglav Group stock: AM Best affirms ratings for Triglav Group stock

Published on 10/24/2026 at 04:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AM Best affirmed Triglav's A rating on October 22, 2026. For Triglav Group stock, H1 profit before tax reached EUR 105.2 million.

Ratings and operating figures

AM Best affirmed Triglav's A rating with a stable outlook on October 22, 2026.
First-half 2026 profit before tax reached EUR 105.2 million versus EUR 109.6 million a year earlier.
Triglav Group stock was EUR 67.00 on the Ljubljana Stock Exchange on October 22, 2026.

Triglav Group, SI0021111651, Illustration mit AI erstellt.

Triglav Group (ISIN SI0021111651) posted first-half 2026 profit before tax of EUR 105.2 million, while AM Best affirmed its A rating and stable outlook on October 22, 2026. The rating action keeps the insurer's balance-sheet strength at the center of the stock story.

AM Best keeps ratings stable

AM Best said Triglav's rating reflected very strong balance-sheet strength, strong operating performance and appropriate enterprise risk management. Its assessment also cited adjusted financial leverage of 5.7 percent at year-end 2025 and a 35 percent domestic market share measured by gross written premiums in 2025.

The rating agency also highlighted the first-half result. Profit before tax was EUR 105.2 million, compared with EUR 109.6 million in the first half of 2025, while annualized return on equity was 16.5 percent.

What does H1 profitability show?

Triglav Group reported total business volume of EUR 1,198.7 million for the first half of 2026, up 13.00 percent from the first half of 2025. The combined ratio was 93.9 percent versus 88.2 percent a year earlier, showing that higher volume came with weaker underwriting efficiency.

Three rating milestones

On July 31, 2026, S&P affirmed Triglav's A+ rating and raised its group anchor from a to a+. On August 21, 2026, Triglav reported EUR 1,198.7 million of first-half business volume. On October 22, 2026, AM Best affirmed an A financial strength rating and an a issuer credit rating, both with stable outlooks.

Next reporting date

The next earnings date is November 18, 2026, according to Investing.com. That date gives investors a scheduled checkpoint for the full-year profit guidance of EUR 170 million to EUR 190 million before tax.

Stock context stays dated

On the Ljubljana Stock Exchange, Triglav stock was EUR 67.00 on October 22, 2026. The same dated market snapshot put the 52-week range at EUR 54.80 to EUR 71.40 and market capitalization at EUR 1.52 billion. The price therefore sat EUR 4.40 below the reported high, while the stable ratings provide a credit-quality reference for the next results update.

The further course of trading is shown by the continuously updated real-time quote of Triglav Group stock.