STATISTICS: BOSNIA and HERZEGOVINA, FY2018: Insurers' GWP grew 4.4% y-o-y

11 April 2019 — Andrei Victor
Last year, the BiH insurance market totaled EUR 365 million (BAM 713 million), 4.4% more y-o-y, as data from the local insurance agency - AZOBIH shows.

The GWP portfolio consisted of about 20.1% - life insurance, the equivalent of EUR 73.3 million, out of which a total of EUR 62.1 million was generated by FBiH life insurers and about EUR 11.1 million by RS life insurers. From the non-life subclasses (79.1% total market share), 7.7% of GWP corresponded to the property lines and 59.9% to motor insurance (Motor Hull and MTPL, summed).

Overall, the value of GWP of the 13 companies operating in the Federation of Bosnia and Herzegovina increased by 4.8% to EUR 255 million. At the same time, in Republika Srpska, the 15 insurers generated about EUR 110 million, up by 3.4% y-o-y.

According to the presented figures, ADRIATIC osiguranje (9.2% market share), followed by UNIQA osiguranje (8.7%) and EUROHERC osiguranje (8.4%).

Access and download the FY2018 Bosnian insurance market statistics (in EUR and BAM).

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