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Grawe Osiguranje A.D. (Montenegro)

Main Activities: Direct Life Insurance Carriers
Full name: Grawe Osiguranje A.D. Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Grawe osiguranje a.d. is part of a large family Grazer Wechselseitige Versicherung AG, found in 1828, with headquarters in Graz. Tradition, stability and trust, with a distant view of the future are the basis on which GRAWE building a successful business in Montenegro.
Grawe osiguranje a.d. is the first insurance company with majority capital of Austria, which has a license to work legally in Montenegro. The company was founded on the basis of work permit issued by the Ministry of Finance of the Republic of Montenegro s Ruling No. 02-3087 / 2 of 23.09.2004. The registration and the CRCC in Podgorica number 4-0007631 / 001 of 21.10.2004. year. At the end of 2006 the Montenegrin Law on Insurance and the Company has in the past committed adjustment operations. The owner of 100 shares of the Austrian insurance company Grazer Wechselseitige Versicherung AG (abbr. GRAWE) in Graz. GRAWE Insurance Company has reinsured through the parent company at the German Muenchener Rueckversicherungs reinsurance-Gesellschaft in Munich.
Our main advantages are the international product quality and safe investment policy. Taking care of clients and their best interests is a key objective of GRAWE insurance. Our insurance company has stable support of the future of our clients. Thus, the business is based on the highest values of society: trust and stability.
By introducing new working conditions on the insurance market, high-tech processing, taken from the main founders, all in line with our legislation, gives us confidence that we are in competition with other insurance companies successfully impose their way and quality of work
GRAWE insurance plans are to expand its offer in accordance with the needs and market development. Life insurance associated with the additional accident insurance as the most important product, tailored to the needs of the user.
The company s shares have been listed in the Montenegro stock exchange under the symbol GRAW. The Company is headquatered in Podgorica, Montenegro.

Headquarters
Bulevar Ivana Cmojevica Br.62/I
Podgorica; Podgorica; Postal Code: 81000

Contact Details: Purchase the Grawe Osiguranje A.D. report to view the information.

Website: http://www.grawe.me

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
Key Executives
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Chairman
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Grawe Osiguranje A.D. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
0.53%
Operating profit (EBIT)
-38.54%
Net Profit (Loss) for the Period
-22.95%
Total assets
-1.46%
Investments
-2.27%
Receivables
-4.78%
Total equity
-17.09%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
-0.63%
Loss Ratio
-7.72%
Underwriting Expenses Ratio
2.08%

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