Credit rating

Affirmation of credit rating to Adriatic Slovenica d.d.

19/2/2019

On 18 February 2019 Fitch Ratings has upgraded Adriatic Slovenica d.d.'s Insurer Financial Strength Rating to 'BBB+' from 'BBB-'. The Outlook is Stable. Fitch has removed the rating from Rating Watch Positive (RWP), where it was originally placed on 24 May 2018.
 
The rating action follows the announcement by Assicurizazioni Generali S.p.A (IFS:A-/Negative) that it has completed the acquisition of Adriatic Slovenica from its former owner KD Group d.d., having received all required approvals from regulatory bodies and competition authorities.
 
Full text of Fitch Ratings public release is made available on Fitch website https://www.fitchratings.com/site/pr/10063354.

 

Fitch maintains Adriatic Slovenica d.d. on Rating Watch Positive

9/8/2018

Adriatic Slovenica, Zavarovalna družba, d.d., an insurance company having its registered office at Ljubljanska cesta 3a, Koper, Republic of Slovenia ("Adriatic Slovenica"), announces that the rating agency Fitch Ratings has maintained Adriatic Slovenica's "BBB-" Insurer Financial Strenght (IFS) rating on Rating Watch Positive (RWP). The RWP on Adriatic Slovenica's IFS Rating reflects Fitch's view that the acquisition by Generali CEE Holding B.V., the intermediate holding company managing Assicurazioni Generali S.p.A.'s (IFS A-/Stable) operations in central and eastern Europe, will improve Adriatic Slovenica's credit profile.

Full text of Fitch Ratings public release is made available here.

 

Fitch places  Adriatic Slovenica d.d. on Rating Watch Positive

25/5/2018

Adriatic Slovenica, Zavarovalna družba, d.d., an insurance company having its registered office at Ljubljanska cesta 3a, Koper, Republic of Slovenia ("Adriatic Slovenica"), announces that the rating agency Fitch Ratings has placed Adriatic Slovenica's "BBB-" Insurer Financial Strenght (IFS) rating on Rating Watch Positive (RWP).

The rating action follows yeasterday's announcement that KD Group has agreed to sell a 100% stake in Adriatic Slovenica to Generali CEE Holding B.V., the intermediate holding company managing Assicurazioni Generali S.p.A.'s (IFS A-/Stable) operations in Central and Eastern Europe. The transaction is subject to regulatory approval and is expected to close in 2H18.

 

Affirmation of credit rating to Adriatic Slovenica d.d.

1/9/2017

Adriatic Slovenica, Zavarovalna družba, d.d., an insurance company having its registered office at Ljubljanska cesta 3a, Koper, Republic of Slovenia ("Adriatic Slovenica"), announces that the rating agency Fitch Ratings has affirmed Adriatic Slovenica's "BBB-" Insurer Financial Strenght (IFS) rating.  

 

Affirmation of credit rating to Adriatic Slovenica d.d.

17/11/2016

Adriatic Slovenica, Zavarovalna družba, d.d., an insurance company having its registered office at Ljubljanska cesta 3a, Koper, Republic of Slovenia ("Adriatic Slovenica"), announces that the rating agency Fitch Ratings has affirmed Adriatic Slovenica's "BBB-" Insurer Financial Strenght (IFS) rating.  

 
The evaluation of rating outlooks is "stable". The rating reflects the company's strong position in the Slovenian insurance market.  Full text of Fitch Ratings public release is made available here.
 
Affirmation of credit rating to Adriatic Slovenica d.d.
 
22/7/2016
 
Adriatic Slovenica, Zavarovalna družba, d.d., an insurance company having its registered office at Ljubljanska cesta 3a, Koper, Republic of Slovenia ("Adriatic Slovenica"), announces that the rating agency Fitch Ratings has affirmed Adriatic Slovenica's "BBB-"
Insurer Financial Strenght (IFS) rating.  
 
The evaluation of rating outlooks is "stable". The rating reflects the company's strong position in the Slovenian insurance market. Full text of Fitch Ratings public release is made available here.
 
 
Confirmed credit rating
 
6/10/2015
 
Rating agency Fitch Ratings confirmed to the insurance company Adriatic Slovenica d.d., Ljubljanska cesta 3a, Koper, Slovenia, financial strength rating of "BBB-".
 
The evaluation of rating outlooks is "stable". The rating reflects the company's strong position in the Slovenian insurance market. The publication of the public notice of the Fitch Ratings rating agency is available here.

 

Confirmed credit rating

5/3/2015

Rating agency Fitch Ratings confirmed to the insurance company Adriatic Slovenica d.d., Ljubljanska cesta 3a, Koper, Slovenia, financial strength rating of "BBB-".

The evaluation of rating outlooks is "stable". The rating reflects the company's strong position in the Slovenian insurance market. The publication of the public notice of the Fitch Ratings rating agency is available here.

 

Assigned credit rating

21/11/2014

The insurance company Adriatic Slovenica d.d., Ljubljanska cesta 3a, Koper, Slovenia, was notified by the rating agency Fitch Ratings that it had been assigned an insurer financial strength rating of "BBB-".

The evaluation of rating outlooks is "stable". The rating reflects the company's strong position in the Slovenian insurance market. The publication of the public notice of the Fitch Ratings rating agency is available here.