The value of GWP of the insurers operating in the Federation of Bosnia and Herzegovina increased by 7.5% to EUR 314.7 million, while the Republika Srpska based insurers generated EUR 135.8 million, up by 8.1% y-o-y.
In terms of claims paid by insurers, the overall amount was up by 15% y-o-y to EUR 204 million, of which EUR 54 million- life indemnities and EUR 150 million payments related to non-life claim files.
Non-life insurance premiums increased by 7.6% year-on-year to EUR 354.2 million (BAM 692.8 million) in 2022, while premiums in the life insurance segment went up 7.7% to EUR 96.3 million (BAM 188.2 million).
From the non-life subclasses, the largest amounts in GWP corresponded to the two motor insurance lines - MTPL - EUR 218.3 million and MoD - EUR 45.9 million, and property - EUR 36 million.
The top three largest insurers in the country in terms of GWP were FBiH based insurers ADRIATIC osiguranje (9.13% market share), UNIQA osiguranje (8.44%) and TRIGLAV osiguranje (7.92%).
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