Sava Reinsurance
Sava Reinsurance (Sava Re d.d.) is a Slovenia-listed reinsurer and insurance group serving over 500 cedant partners in 120+ global markets, with subsidiaries distributing life, property, health, and pension insurance across six Adria region countries.
- Company typePublic
- Founded1977
- HeadquartersLjubljana, Slovenia
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Sava Reinsurance does
Sava Reinsurance d.d., operating through the Zavarovalna skupina Sava (Sava Insurance Group) brand, is a Slovenia-domiciled public limited company founded in 1977 that functions as a vertically integrated reinsurance and primary insurance group. The parent entity, Sava Re, provides reinsurance coverage to more than 500 insurance partners across 120+ global markets, while group subsidiaries underwrite direct life, property, health, and pension insurance and offer asset management services. Distribution is anchored in six Adria region countries: Slovenia, Croatia, Serbia, Montenegro, Bosnia and Herzegovina, and North Macedonia.
The group operates a two-tier business model: a wholesale reinsurance book underwritten contract-by-contract with cedant insurers worldwide, layered with retail and enterprise insurance distribution through regulated subsidiaries. Revenue is generated primarily through recurring reinsurance premiums ceded to Sava Re and direct insurance premiums written by subsidiaries, with asset management fees and pension-related income on top. The corporate website lists six core product families — Reinsurance (Pozavarovanje), Life, Property, Health, Pension, and Asset Management — distributed via B2B enterprise sales on the reinsurance side and the subsidiaries' own agency and broker networks on the primary insurance side. Public materials disclose no proprietary technology platforms, APIs, or AI-based systems, and the technology module notes "No proprietary technology information disclosed in available sources."
In 2025, the group reported business volume exceeding EUR 1.13 billion and net profit above EUR 114 million; Q1 2026 pre-tax profit reached EUR 39.2 million. Sava Re d.d. is listed on the Ljubljana Stock Exchange under ticker POSR and is led by CEO and President of the Executive Board Milos Brusin. The group carries an A (stable) financial strength rating from AM Best (October 2025) and an A+ (stable) financial strength rating from S&P Global Ratings (June 2025), upgraded from A (positive) in December 2024, reflecting durable capital adequacy and improved economic conditions.
Sava Reinsurance firmographics
Firmographics- Name
- Sava Reinsurance
- Legal name
- Sava Re d.d.
- Website
- https://sava-re.si
- Company type
- Public
- Founded year
- 1977
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Sava Reinsurance (Sava Re d.d.) is a Slovenia-listed reinsurer and insurance group serving over 500 cedant partners in 120+ global markets, with subsidiaries distributing life, property, health, and pension insurance across six Adria region countries.
- Ownership category
- akta.pro rank
Sava Reinsurance industry classification
Industry- Product category
- Reinsurance Services
- NAICS
- Reinsurance Carriers (52413), Insurance Carriers and Related Activities (524), Direct Life, Health, and Medical Insurance Carriers (52411), Pension Funds (52511)
- SIC
- Life Insurance (6311), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Reinsurance Solutions for Group Benefits (Group Life, Group Disability, Supplemental Health) (FSAOAAAH)
- akta.pro secondary industries
- Corporate Retirement Plan Advisory RIAs (ERISA 401(k)/403(b)) (FSAAACAF), Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)
Keywords
Where Sava Reinsurance is headquartered
LocationHeadquarters
- HQ city
- Ljubljana
- HQ country
- Slovenia
- HQ region
- Europe
Offices1 record
Markets served
Sava Reinsurance business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Reinsurance Premiums: Sava Re generates revenue by providing reinsurance services to over 500 insurance partners worldwide, collecting reinsurance premiums.
- Direct Insurance Underwriting: Through subsidiaries, the group underwrites direct insurance policies in life, property, health, and pension segments across 6 countries.
- Asset Management: Group provides asset management services as part of its pension and insurance solutions.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Sava Reinsurance product offering
Product offeringCore offering
Sava Re is a reinsurance company that provides reinsurance coverage to more than 500 insurance partners worldwide across 120+ markets. Through its subsidiary companies in six Adria region countries, the group also underwrites and distributes direct insurance products including life, property, health, and pension insurance, and offers asset management services as part of its pension and insurance solutions.
Product overview
Zavarovalna skupina Sava operates as a unified insurance and reinsurance group offering a portfolio of interconnected products and services. The core platform consists of reinsurance services (Pozavarovanje) provided by parent company Sava Re, complemented by direct insurance products including life insurance (Življenjska zavarovanja), property insurance (Premažbinska zavarovanja), health insurance (Zdravstvena zavarovanja), and pension insurance (Pokojninska zavarovanja) offered through subsidiary companies. Asset management services (Upravljanje premoženja) round out the offering. The group serves customers across six Adria region countries with operations in over 120 insurance and reinsurance markets globally.
Differentiator
Problem solved
Functional benefit
Products and services
- Reinsurance (Pozavarovanje) Reinsurance services provided by Sava Re to more than 500 insurance partners worldwide across 120+ markets, covering life, property, health, pension, and other lines through treaty and facultative arrangements. Targeted at primary insurance companies seeking risk diversification, capacity, and catastrophe protection.
- Life Insurance (Življenjska zavarovanja) Life insurance products (with savings and protection components) offered through subsidiary companies within Zavarovalna skupina Sava in the Adria region. Targeted at individuals and families seeking financial protection and long-term savings.
- Property Insurance (Premoženjska zavarovanja) Property and casualty/liability insurance coverage (residential and commercial) provided as part of the group's portfolio through regional subsidiaries in six Adria countries. Targeted at households and businesses needing protection against property damage, natural disasters, and liability risks.
- Health Insurance (Zdravstvena zavarovanja) Health insurance solutions offered by subsidiary companies within Sava Insurance Group. Targeted at individuals and groups seeking medical expense coverage and supplementary healthcare financing in the Adria region.
- Pension Insurance (Pokojninska zavarovanja) Pension insurance and retirement planning products offered by the group, including pension fund accumulation and decumulation solutions. Targeted at individuals and employers seeking retirement savings and pension income in the Adria region.
- Asset Management (Upravljanje premoženja) Asset management services provided as part of the group's pension and insurance solutions, managing investment portfolios backing insurance reserves and pension assets. Targeted at insurance and pension funds (internal) and group clients.
Quantifiable outcome
- 2025 business volume: over 1.13 billion euros
- +2 more outcomes
Companies that use Sava Reinsurance
Customer profileSegments5 records
Ideal customer profiles2 records
Sava Reinsurance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Sava Reinsurance partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Insurance Subsidiaries (Internal Group Structure)coreSava Re group includes subsidiary insurance companies in 6 Adria region countries (Slovenia, Croatia, Serbia, Montenegro, Bosnia and Herzegovina, North Macedonia). These subsidiaries distribute insurance products while Sava Re provides reinsurance services to external insurance partners.
Scale indicators6 records
Recent moves5 records
Expansion highlights5 records
Sava Reinsurance competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Sava Reinsurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sava Reinsurance leadership team
Management profileNumber of profiles
Profiles1 record
Sava Reinsurance funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sava Reinsurance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sava Reinsurance
What does Sava Reinsurance do?
Sava Re is a reinsurance company that provides reinsurance coverage to more than 500 insurance partners worldwide across 120+ markets. Through its subsidiary companies in six Adria region countries, the group also underwrites and distributes direct insurance products including life, property, health, and pension insurance, and offers asset management services as part of its pension and insurance solutions.
Is Sava Reinsurance a public or private company?
Sava Reinsurance is a public company. It is classified as public and is currently operating.
When was Sava Reinsurance founded?
Sava Reinsurance was founded in 1977. It employs 101 to 250 people.
Where is Sava Reinsurance based?
Sava Reinsurance is headquartered in Ljubljana, Slovenia, in the Europe region.
How does Sava Reinsurance make money?
Three revenue lines are on record. Reinsurance Premiums are the primary driver. The others are direct Insurance Underwriting and asset Management.
Does Sava Reinsurance have an API?
No public API is recorded for Sava Reinsurance.
What industry is Sava Reinsurance in?
Sava Reinsurance's product category is Reinsurance Services. Its primary akta.pro industry code is FSAOAAAH, Reinsurance Solutions for Group Benefits (Group Life, Group Disability, Supplemental Health), with a secondary code of FSAAACAF, Corporate Retirement Plan Advisory RIAs (ERISA 401(k)/403(b)). Its NAICS code is 52413 and its SIC code is 6311.