STATISTICS: CROATIA, 3Q: Top 3 largest insurers accounted for about half of the market GWP

Croatian insurers reported aggregate GWP of HRK 6.9 billion (about EUR 922 million) in the first nine months of 2017, up by 2.6% y-o-y, according to the quarterly market figures published by Croatian Insurance Bureau - CIB website.

Non-life GWP increased by 3.3% y-o-y to HRK 4.7 billion, while the life insurance segment totaled HRK 2.2 billion, or 0.9% more y-o-y.

At the same time, the aggregate value of paid claims was HRK 3.6 billion, or 5.6% more y-o-y.

Of 21 active insurers members of CIB, the largest in terms of GWP were CROATIA osiguranje (27.8% market share), followed by ALLIANZ Zagreb (12.9%) and EUROHERC osiguranje (9.4%).

Access www.xprimm.com and download the 3Q2017 Croatian insurance market statistics.

Market portfolio (in EUR and HRK):
  • Gross written premiums
  • Paid claims
  • Growth rates
Market rankings (GWP/Market shares/Growth rates - in EUR and HRK):
  • Overall market
  • Life insurance
  • Non-life insurance

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

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