Climate: - Mediterranean and continental; - continental climate predominant with hot summers and cold winters; - mild winters, dry summers along coast.
Acredia, the leading company for credit insurance on the Austrian market, specialized in debt collection and protection, strengthens its position on the Croatian market, svijetosiguranja.eu wrote.
The aggregate FY 2022 GWP reported Croatia-based insurers increased by 8.18% y-o-y, reaching HRK 12.7 billion (EUR 1.68 billion), according to the yea-end data published by the Croatian Insurance Bureau. Total gross claims paid increased to HRK 7.71 billion from HRK 7.29 billion a year earlier.
On the eve of its 10th anniversary, in March, Amodo launched OneProduct, a state-of-the-Art Insurance Telematics Platform, the company announced. One Product brings perfected Amodo technology based on decade-long R&D activities and the experiences collected running worldwide UBI programs, also including Amodo's proprietary CO2 emission reduction smartphone-based program.
Privredna banka Zagreb d. d. (PBZ), a member of the Intesa Sanpaolo Group, announced a partnership between Intesa Sanpaolo and Generali osiguranje to strengthen operations in bancassurance on the Croatian market and provide comprehensive insurance for individuals, families and companies, svijetosiguranja.eu wrote.
Sandra Vrabec was appointed a member of the Management Board of UNIQA osiguranje responsible for finance, investments, information technology, actuarial affairs, reinsurance, risk management, controlling, general affairs and procurement, and security, osiguranje.hr wrote.
All employees of the Allianz Hrvatska insurance company were paid the highest amount of one-time bonuses compared to previous years, and Allianz was named the best global brand in the insurance industry for the fourth year in a row, svijetosiguranja.eu wrote.
On November 14, the Board of Directors of the Croatian Financial Services Supervisory Agency (Hanfa) approved acquisition of 100% capital of Wustenrot Life Insurance (Wustenrot zivotnog osiguranja) by Merkur Insurance (Merkur osiguranja), osiguranje.hr reported referring to the agency.
According to the data of the Croatian Insurance Agency for October 2022, GWP of insurance companies reached HRK 10.64 billion (~EUR 1.41 billion), which is 7.62% more compared to the same period of 2021, www.svijetosiguranja.eu wrote.
The President of the Board of Directors of the Croatian Financial Services Supervisory Agency (HANFA), Ante ZIGMAN, was elected for the third time as a member of the Executive Board of the International Association of Insurance Supervisors (IAIS) as a representative of the CEET region (Central and Eastern Europe and Transcaucasia), svijetosiguranja.eu wrote.
The business of the 15 th Croatia-based insurers members of HUO - Croatian Insurance Bureau - totaled HRK 9.73 billion (~EUR 1.29 billion) at the end of the third quarter of the year, up by 7.9% y-o-y, according to the monthly figures published by the Insurance Bureau on its website.
According to the data of the Croatian Insurance authority, by September 2022, GWP of the insurance companies reached HRK 9.73 billion (~EUR 1.28 billion), which represents an increase of 7.90% y-o-y, svijetosiguranja.eu wrote.
UniCredit and Allianz announced that they have signed a framework agreement and two share purchase agreements related to their respective footprints in Croatia, with the intention to unwind their direct and indirect shareholdings in the country.
According to the cumulative data of the Croatian Insurance Authority for August 2022, total GWP of the market reached HRK 8.79 billion (~EUR 1.16 billion), which represents an increase of 8.13% y-o-y, osiguranje.hr reports.
Croatian LAQO, the digital brand of Croatia Osiguranje,is the first insurer in Croatia that has introduced cryptocurrency payments on its webshop.LAQO is also the first insurer in the country thatuses telematics technology to promote responsible traffic behavior through the LaqoPrevent, digital platform.
The GWP of Croatian insurers increased by 7.53% y-o-y in the first half of 2022, reaching HRK 6.88 billion (EUR 915 million), according to the data of the Croatian Insurance Bureau - CIB.
The Croatian Insurance authority has published its new report "Insurance Market in the Republic of Croatia for 2021", introductory part of which provides an overview of the basic general and macroeconomic indicators for the Republic of Croatia in 2021, as well as an overview of trends in the insurance market for the period 2005-2021, svijetosiguranja.eu wrote.
According to the Croatian Insurance Authority, in June the market totaled HRK 6.88 billion (~EUR 0.91 billion), which is 7.53% more compared to 2021, osiguranje.hr reports.
On June 16-17, 2022, in Dubrovnik, the Global Seminar of the International Association of Insurance Supervisors took place. It is one of the most important meetings of insurance supervisors, representatives of the insurance market and other stakeholders, which gathers about 350 participants from 70 countries and was held for the first time in Croatia.
The GWP of Croatian insurers increased by 9.02% y-o-y in Q1 2022, to HRK 3.54 billion (~EUR 468 million), according to the quarterly figures published on the website of the Croatian Insurance Bureau.
GWP of Croatia-based insurers increased 6.78% y-o-y from January to April this year, reaching HRK 4.564 billion (EUR 605 million), SeeNews reports referring to the data of the Croatian Insurance Bureau.