Non-life insurance demonstrated particularly dynamic growth, reaching EUR 2.07 billion, with an impressive y-o-y increase of 9.1%. Other non-life classes excluding MTPL recorded an increase of 10.4%, while MTPL reached EUR 551.41 million, up 5.8%. Other classes with extremely high growth were aircraft insurance (+381.8%), guarantees (+46.7%), and accidents (+19.7%).
Life insurance amounted to EUR 1.81 billion, recording a quite moderate increase of 0.3%. Specifically, while Unit-linked products rose by 3.5%, traditional life insurance recorded a marginal decrease of 0.7%, and collective pension fund management decreased by 7.3%.
It is noted that the data comes from monthly statements of the 46 insurance companies, operating on the market, and hasn’t been audited yet, the source added.
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