STATISTICS: BOSNIA AND HERZEGOVINA, 3Q2020: Insurers' GWP totaled EUR 291 million at end-September

12 November 2020 — Andrei Victor
Bosnian insurers reported aggregate 3Q2020 GWP of BAM 569.13 million (~EUR 290.99 million*), according to the most recent market data published by AZOBiH - Insurance Agency of Bosnia and Herzegovina.

The non-life sector's contribution to the market portfolio was of about 80.29% of total GWP - EUR 233.64 million, while the life-insurance companies contributed the remainder EUR 57.35 million.

FBiH insurers have provided for almost 70% of the total GWP and recorded a better consolidated dynamic than insurers domiciled in Srpska Republic.

FBiH based VIENNA Osiguranje leads the life insurance market, with a 22.03% market share followed by UNIQA osiguranje (21.16%) while Adriatic Osiguranje and SARAJEVO are the top two non-life insurers, with market share of about 11% each.


* for an exchange rate of 1 EUR = 1.95583 BAM (fixed)


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