Business Summary: Allianz Slovenska poistovna as is a Slovakia-based company active in the insurance sector. It provides its clients with products and services in life, accident, property and liability insurance. In addition, the Company offers a range of commercial and industrial insurance solutions. It distributes its products through several sales channels, including tied agents; brokers; direct sales through branch offices and sales representatives; life insurance sales; service providers, such as travel agencies, car showrooms and dealerships, as well as through Internet sales. As of December 31, 2011, operated three subsidiaries, Allianz - Slovenska dochodkova spravcovska spolcnost as, Medibroker sro and Nadacia Allianz. As of December 31, 2010, Allianz New Europe Holding GMBH held an 84.61% stake in the Company.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Allianz Slovenska poistovna as revenues decreased 5% to EUR530.4M. Net income increased 11% to EUR120.2M. Revenues reflect Fin Inc/Exp from Insur Contr Iss-IFRS 17 decrease from EUR13.1M to -EUR53.9M, G/L on sale of inv properties - property decrease of 42% to EUR3.6M. Net income reflects Other Financial Investments decrease of 15% to EUR645K (expense).