Bosnia

Location:
Southeastern Europe, bordering the Adriatic Sea and Croatia

Climate:
hot summers and cold winters; areas of high elevation have short, cool summers and long, severe winters; mild, rainy winters along coast



Natural hazards:

destructive earthquakes

Currency: convertible mark
1 EUR = 1.95583 Convertible marks - BAM (fixed)

Sources:
Insurance Agency of Republika Srpska (AZORS)
Insurance Supervisory Agency of Federation of Bosnia and Herzegovina (NADOS)
Association of Insurance and Re-insurance Companies in BIH (AZOBiH)
Central Bank of Bosnia and Herzegovina
Association of Insurance in the Federation of Bosnia and Herzegovina

Insurance statistics
(until 1H2011, presented figures are only for FBiH market)

FY2016Overall BiH Market Indicators and Rankingsxlsx
FY2016Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
FY2016RS Market Indicators and Rankingsxlsx
3Q2016Overall BiH Market Indicators and Rankingsxlsx
3Q2016Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
3Q2016RS Market Indicators and Rankingsxlsx
1H2016Overall BiH Market Indicators and Rankingsxlsx
1H2016Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1H2016RS Market Indicators and Rankingsxlsx
1Q2016Overall BiH Market Indicators and Rankingsxlsx
1Q2016Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1Q2016RS Market Indicators and Rankingsxlsx
FY2015Overall BiH Market Indicators and Rankingsxlsx
FY2015Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
FY2015RS Market Indicators and Rankingsxlsx
3Q2015Overall BiH Market Indicators and Rankingsxlsx
3Q2015Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
3Q2015RS Market Indicators and Rankingsxlsx
1H2015Overall BiH Market Indicators and Rankingsxlsx
1H2015Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1H2015RS Market Indicators and Rankingsxlsx
1Q2015Overall BiH Market Indicators and Rankingsxlsx
1Q2015Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1Q2015RS Market Indicators and Rankingsxlsx
FY2014Overall BiH Market Indicators and Rankingsxlsx
FY2014Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
FY2014RS Market Indicators and Rankingsxlsx
3Q2014Overall BiH Market Indicators and Rankingsxlsx
3Q2014Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
3Q2014RS Market Indicators and Rankingsxlsx
1H2014Insurance market overview pdf
1H2014Overall BiH Market Indicators and Rankingsxlsx
1H2014Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1H2014RS Market Indicators and Rankingsxlsx
1Q2014Overall BiH Market Indicators and Rankingsxlsx
1Q2014Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1Q2014RS Market Indicators and Rankingsxlsx
FY2013Insurance market overview pdf
FY2013Overall BiH Market Indicators and Rankingsxlsx
FY2013Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
FY2013RS Market Indicators and Rankingsxlsx
3Q2013Overall BiH Market Indicators and Rankingsxlsx
3Q2013Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
3Q2013RS Market Indicators and Rankingsxlsx
1H2013Insurance market overview pdf
1H2013Overall BiH Market Indicators and Rankingsxlsx
1H2013Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1H2013RS Market Indicators and Rankingsxlsx
1Q2013Overall BiH Market Indicators and Rankingsxlsx
1Q2013Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1Q2013RS Market Indicators and Rankingsxlsx
FY2012Insurance market overview pdf
FY2012Overall BiH Market Indicators and Rankingsxlsx
FY2012Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
FY2012RS Market Indicators and Rankingsxlsx
3Q2012Overall BiH Market Indicators and Rankingsxlsx
3Q2012Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
3Q2012RS Market Indicators and Rankingsxlsx
1H2012Insurance market overview pdf
1H2012Overall BiH Market Indicators and Rankingsxlsx
1H2012Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1H2012RS Market Indicators and Rankingsxlsx
1Q2012Overall BiH Market Indicators and Rankingsxlsx
1Q2012Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1Q2012RS Market Indicators and Rankingsxlsx
FY2011Insurance market overview pdf
FY2011Overall BiH Market Indicators and Rankingsxlsx
FY2011BiH Market Indicators and Rankingsxlsx
FY2011RS Market Indicators and Rankingsxlsx
3Q2011Overall Bosnia and Herzegovina Market Indicatorsxlsx
3Q2011Republika Srpska Market Indicatorsxlsx
3Q2011Federation of Bosnia and Herzegovina Market Indicatorsxlsx
1H2011Insurance market overviewpdf
1H2011Market portfolio and rankingsxlsx
2010
Insurance market overviewpdf
2010Market portfolio and rankingsxlsx
1H2009
BiH insurance market overviewpdf
1H2009 Market portfolio xls
1H2009 Life insurance rankingsxls
1H2009
Non-Life insurance rankings xls
2009BiH insurance market overview pdf
2009Market portfolioxls
2009Life insurance rankingsxls
2009Non-Life insurance rankingsxls
1H2010BiH insurance market overviewpdf
1H2010Market portfolioxls
1H2010Life insurance rankingsxls
1H2010Non-Life insurance rankingsxls


FY2016 Federation of Bosnia and Herzegovina Market Indicators and rankings

FY2016 RS Market Indicators and Rankings

BOSNIA: Triglav INT's buyout bid for Bosnia's Triglav Osiguranje fails

The buyout bid launched by Slovenian holding company Triglav INT, a member of the country's biggest insurer Zavarovalnica Triglav, for the 12% stake it does not already own in Bosnian insurance company Triglav Osiguranje [SAJ:BHOSR] has failed, the latter said on Tuesday.

STATISTICS: BOSNIA, 3Q: 8% y-o-y increase in GWP and a new market leader

Based on the figures released by AZOBIH - Insurance Agency of Bosnia and Herzegovina, at the end of September 2016 the aggregate value of GWP by the 27 insurers active in Republika Srpska and Federation of Bosnia and Herzegovina - the two administrative entities of the country, was of EUR 245.2 million, or 7.9% more y-o-y, while the value of claims paid was down by 5.2% y-o-y, to EUR 90.9 million.

STATISTICS: BOSNIA, 1H2016: Motor lines generate about 80% of the non-life insurer's expenses for claims

The aggregate GWP value generated by the Bosnian insurers was up by 7.86% y-o-y to BAM 316.90 million (EUR 162.03 million) in the first half of 2016, according to the figures provided by the two market authorities (NADOS - Insurance Supervisory Agency of FBiH and AZORS - Insurance Agency of RS). About 71% of total GWP were made by the 12 insurance companies which are registered in the FBiH (or EUR 115 million) the remaining 29% (EUR 47 million) being reported by the 13 RS insurers.