Non-life GWP was up by 3.36% y-o-y to HRK 3.40 billion, while the life insurance segment totalled HRK 1.52 billion, or 0.38% more y-o-y.
Twenty-one insurers reported underwriting activity in the first six months of the year, according to CIB figures. The largest insurer in the country was CROATIA osiguranje - owned by Rovinj based holding ADRIS Grupa (GWP of HRK 1.42 billion, 28.9% market share). ALLIANZ Zagreb ranked second (HRK 636 million, 12.9%) followed by EUROHERC Osiguraje (HRK 423.9 million, 8.6%).
|Read more about the Croatian insurance market evolution in 1H2017 in the forthcoming issue of XPRIMM Insurance Report 1H2017, to be released on October, 22nd, on the occasion of the Baden-Baden XPRIMM Reception (Kurhaus Casino, Runder Saal).|
Access www.xprimm.com and download the 1H2017 Croatian insurance market statistics.
Market portfolio (in EUR and HRK):
- Gross written premiums
- Paid claims
- Growth rates
- Overall market
- Life insurance
- Non-life insurance