GWP by the Slovak insurers amounted, according to the official statistics of the Slovak National Bank, to EUR 1.14 billion in 1H2025, which is by 7.98% more y-o-y.
Reducing the scope of the statistics to the insurance companies, members of the Slovak Insurers Association (SLASPO), one should note a solid discrepancy between the two sources. According to SLASPO, the market totaled EUR 1.61 billion in 1H2025, 7.15% up y-o-y. Life insurance accounts for almost 36% of this amount. The reason of the significant difference is the composition of the target group, the NBS statistics reflecting only the business results reported by the insurance companies licensed in Slovakia, disregarding the foreign branches operating on FOS/FOE.
According to NBS statistics, claims paid by Slovak insurers amounted to EUR 589.5 million, 3.96% more y-o-y. The most spectacular y-o-y change, although the absolute values are rather modest, is the one regarding paid claims for motor insurance (+13.8% y-o-y), in particular for mandatory MTPL insurance (25.3% more y-o-y).
Access xprimm.com and download the Slovak insurance market statistics released by SLASPO and NBS.
STATISTICS: SLOVAKIA 1H2025: MTPL claims up by 25%, driven by increasing labor raising costs
9 October 2025 — Daniela GHETU
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