Triglav Group stock trades at EUR 66.70 with EUR 1.52 billion value
Published on 10/20/2026 at 13:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSInsurance metrics and valuation
- Triglav Group reported H1 2026 business volume of EUR 1,198.70 million on July 31, 2026.
- The company reaffirmed 2026 earnings before tax guidance of EUR 170.00 million to EUR 190.00 million.
- Triglav Group stock traded at EUR 66.70 at 1:43 p.m. CEST at Lang & Schwarz on October 20, 2026.
Triglav Group stock traded at EUR 66.70 at Lang & Schwarz on October 20, 2026 at 1:43 p.m. CEST, while the insurer's latest operating update showed H1 2026 business volume of EUR 1,198.70 million. The figure was 13.00 percent higher than in H1 2025, according to the Triglav Group investor-relations page dated July 31, 2026. For investors, the key question is whether higher volume can translate into stronger profitability.
H1 scale and earnings
Triglav Group reported earnings before tax of EUR 105.20 million for H1 2026, compared with EUR 109.60 million in H1 2025. Net earnings reached EUR 85.70 million, down from EUR 91.40 million in the year-earlier period, while the combined ratio rose to 93.90 percent from 88.20 percent, the company said in its H1 update.
The same update reaffirmed full-year 2026 earnings before tax guidance of EUR 170.00 million to EUR 190.00 million. The capital adequacy ratio stood at 207.00 percent on June 30, 2026, inside the stated target range of 200.00 percent to 250.00 percent.
Three dated reference points
On March 30, 2026, Triglav Group reported fiscal-year 2025 revenue of EUR 1.61 billion and net profit of EUR 136.70 million, with net profit up 4.03 percent year over year, according to Delnicar. On June 2, 2026, the latest confirmed dividend was EUR 3.00 per share. On October 19, 2026, the Ljubljana Stock Exchange quotation was EUR 67.00, with a market capitalization of EUR 1.52 billion.
What does the valuation show?
The listed insurer's reported fiscal-year 2025 price-to-earnings ratio was 11.17, below the 14.42 median shown in the same market profile. Its 52-week range was EUR 54.80 to EUR 71.40 as of October 19, 2026, placing the Lang & Schwarz indication below the period high while keeping the stock above its low.
Stock valuation and next steps
Triglav combines a reaffirmed 2026 earnings range with a higher H1 business volume, but the H1 combined ratio and lower earnings figures make underwriting performance an important part of the investment case. The company is listed on the Ljubljana Stock Exchange under ticker ZVTG.
The further course of trading is shown by the continuously updated real-time quote of Triglav Group stock.
Triglav Group stock facts
- Company: Zavarovalnica Triglav, d. d.
- ISIN: SI0021111651
- Ticker: ZVTG
- Primary exchange: Ljubljana Stock Exchange
- Price Lang & Schwarz (as of October 20, 2026, 1:43 p.m. CEST): EUR 66.70
- Market capitalization: EUR 1.5 billion (as of October 19, 2026)
- 52-week range: EUR 54.80-EUR 71.40 (as of October 19, 2026)
- Sector: Insurance
Market context: Market report Euro Stoxx 50.
