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2.2<br />

Insurance<br />

The insurance-related activities of the Group include<br />

life, property <strong>and</strong> health insurance. The Group<br />

has two public limited companies in Slovenia: KD<br />

Življenje, a life insurer, <strong>and</strong> Adriatic Slovenica, a<br />

universal insurance company that is marketing<br />

life insurance <strong>and</strong> property insurance, including<br />

Market position<br />

The Group’s two insurance companies achieved<br />

a market share of 17 percent in Slovenia, firmly<br />

establishing it in second position on the Slovenian<br />

insurance market. In 2007, the Group collected<br />

EUR 307.9 million in premiums.<br />

health insurance. The Group has been developing<br />

<strong>and</strong> marketing life insurance in other countries<br />

at branches of KD Življenje <strong>and</strong> at independently<br />

established insurance companies.<br />

In 2007, the Group actively operated abroad<br />

through the life insurance companies KD Life<br />

Asigurari in Romania <strong>and</strong> KD Life in Bulgaria.<br />

KD Življenje operated in the Czech Republic <strong>and</strong><br />

148<br />

The Group achieved its objectives for the insurance<br />

sector in 2007. The insurance companies increased<br />

total premiums collected by 34.5 percent, while<br />

the Group also strengthened its position in property<br />

insurance, including health insurance, where total<br />

premiums rose by 8 percent.<br />

through a branch in Slovakia. In 2007, these<br />

insurance companies collected over a million EUR<br />

in total premiums.<br />

The Group’s share of the Slovenian insurance market:<br />

The insurance companies within the Group made<br />

major expansions <strong>and</strong> improvements to their range<br />

of products <strong>and</strong> services, developed new packages<br />

<strong>and</strong> more specialised products for individual<br />

target <strong>group</strong>s, modernised sales channels <strong>and</strong><br />

introduced new ones. One of the most important<br />

developments was the establishment of the sales<br />

company, KD Finančna točka, while the past year<br />

was also marked by the expansion of life insurance<br />

operations abroad.<br />

KD Holding Group 17%<br />

Other 83%

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