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Insurer Sava Montenegro Turns to Profit in 2011

26.4.2012 16:36:00 | Author/Source www.seenews.com

Insurer Sava Montenegro turned to a profit of 1.9 million euro ($2.5 million) in 2011 from a loss of 2.0 million euro a year earlier, the audited annual report of its parent, Ljubljana-based Sava Re, indicated on Thursday.

Total income rose to 11.0 million euro last year from 10.6 million in 2010, Sava Re said in its annual report.

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