Croatia

Insurance statistics - Croatia

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Location map
author: OCHA/ ReliefWeb


Location:
- Southeastern Europe, bordering the Adriatic Sea;
- Neighbours: Slovenia, Hungary, Serbia, Bosnia and Herzegovina, Montenegro.

Climate:
- Mediterranean and continental;
- continental climate predominant with hot summers and cold winters;
- mild winters, dry summers along coast.

Natural hazards:
- destructive earthquakes.

Macro indicators
* 2018 estimates
Surface:56,594km2
Population*:4.1million
Pop. density*:72.4people/km2
GDP*:51.4EUR billion
GDP/capita*:12,541.8EUR

European Union:
EU member, since 2013

Currency: Kuna
Code: HRK
Since: 1994


Insurance market portfolio
* 2018 estimates
TOTAL LIFE*:32%
TOTAL NON-LIFE*:68%
Overall Property*:14%
Overall Motor*:33%


Sources:




 


Statistics

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Croatia 1Q2020 Market Portfolio

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Croatia 1Q2020 Insurance Companies Rankings


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Latest news









CROATIA osiguranje to absorb its health insurance unit

HANFA - the Croatian Financial Services Supervisory Agency informed on its website it has approved the merger through absorption between CROATIA osiguranje and its private health insurance unit - CROATIA zdravstveno osiguranje.

CROATIA: Adris seeks clearance to increase stake in Sava Re

Adris Grupa, a Croatian financial group, has once again requested clearance to increase its stake in Slovenia's Sava Re beyond 33%, after the Agency for Insurance Supervision rejected its its first request in October 2016, Siol.net reported on Friday.

CROATIA's Adris to invest 4 bln kuna in its businesses by 2021

 Croatian diversified conglomerate Adris Grupa [ZSE:ADRS-R-A] said on Thursday it will invest an additional four billion kuna ($604.7 million/540.2 million kuna) in its businesses by 2021, two billion of which will be directed towards tourism.








STATISTICS: CROATIA, FY 2016: GWP increase close to nil

The aggregate GWP by Croatian insurers amounted to HRK 8.76 billion (EUR 1.15 billion) at the end of December 2016, up by 0.42% y-o-y, according to the Croatian Insurance Bureau. Non-life GWP increased by 0.91% to HRK 5.84 billion, while the life insurance segment went down by 0.55%, to HRK 2.92 billion. The aggregate value of paid claims was HRK 4.75 billion, or 3.67% more y-o-y.