STATISTICS: CROATIA, 1H2016: The market remained relatively at the 1H2015 level

According to the half year report on insurers' performance published by the Croatian Insurance Bureau - HUO, in 1H2016 the local insurance industry fairly remained at the 1H2015 level, the GWP volume by the 23 active insurers totalling EUR 640.7 million (HRK 4.81 billion) - 0.12% more y-o-y. Per segments, life GWP went down by 2.3% y-o-y to EUR 202.7 million, while the 18 non-life insurers wrote premiums of EUR 438 million, up by 1.3% y-o-y.

The total value of life indemnities was approximately EUR 117.5 million, of which EUR 108 million for traditional life policies. On the non-life segment, most of the gross paid claims were related to Motor TPL insurance - about EUR 72 million of about EUR 189 million.

According HUO, both life and non-life segments were dominated by CROATIA Osiguranje with an almost 21% market share on life, while on the non-life insurance segment, the same indicator was of 33.3%.

Access www.xprimm.com and download the 1H2016 Croatian insurance market statistics.
  • Market portfolio (GWP/ Claims/ Growth rates)
  • Life and non-life rankings (GWP/ Market shares/ Growth rates)

Follow XPRIMM Publications on LinkedIn, for more data on the insurance and financial industry.

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