Sava Re reappoints CEO Marko Jazbec. Sava Re stock sits 18.08 percent below its high

Published on 10/20/2026 at 13:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Profit before tax reached EUR 71.10 million in first-half 2026. Sava Re stock costs EUR 79.30 on October 20, 2026, below its EUR 96.80 high.

Leadership and earnings facts

On October 9, 2026, Sava Re reappointed Marko Jazbec for another term.
The first-half 2026 profit before tax was EUR 71.10 million.
Sava Re stock trades at EUR 79.30 at 1:40 p.m. CEST at Lang & Schwarz on October 20, 2026.

Sava Re, SI0021110513, Illustration mit AI erstellt.

Sava Re (ISIN SI0021110513) was trading at EUR 79.30 at Lang & Schwarz on October 20, 2026, at 1:40 p.m. CEST. The latest corporate event is the reappointment of Marko Jazbec, announced by Sava Re on October 9, 2026.

Leadership continuity gets a five-year horizon

The supervisory board renewed Jazbec's term as chairman of the management board. The company said the Sava Insurance Group is preparing a strategic plan for the next five-year period, making leadership continuity the immediate investor-relevant angle.

The board described Jazbec as successfully leading the group through international insurance, reinsurance and financial-market challenges. The announcement therefore links the personnel decision to execution of longer-term strategic projects rather than to a single operating target.

What does the profit figure show?

Sava Insurance Group's profit before tax reached EUR 71.10 million in the first half of 2026, according to Sava Re. The result was described as ahead of plan and gives the leadership change a quantified operating backdrop.

Three dates frame Sava Re

On December 11, 2025, Sava Re published a 2026 business plan targeting EUR 120.00 million in pre-tax profit. On August 21, 2026, the group reported EUR 71.10 million in first-half profit before tax. On October 9, 2026, the board reappointed Jazbec for another term, with the five-year strategic plan in preparation.

Next reporting date is November 20

The next earnings release is scheduled for November 20, 2026, according to Investing.com. That date is the next measurable checkpoint for comparing execution with the group's 2026 plan.

Stock remains below its yearly high

Sava Re stock was 18.08 percent below its 52-week high of EUR 96.80, based on the EUR 65.00 to EUR 96.80 range reported for October 17, 2026. The distance leaves the operating figures and the forthcoming results date as the clearest reference points for the stock.

The stock was trading at EUR 79.30 at Lang & Schwarz on October 20, 2026, at 1:40 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Sava Re stock.