Croatian insurers posted an aggregate GWP of HRK 6.74 billion (about EUR 900 million) in the first nine months of 2016, up by 0.3% y-o-y, according to the preliminary statistics published on Croatian Insurance Bureau - CIB website. Non-life GWP increased by 1% y-o-y to HRK 4.6 billion, while the life insurance segment totaled HRK 2.1 billion, or 1.2% less y-o-y.

At the same time, the aggregate value of paid claims by the 23 active insurers members of CIB was HRK 3.4 billion, or 6.1% more y-o-y.

On the life segment, CROATIA Osiguranje was the market leader (18.7% market share), followed by ALLIANZ Zagreb (18.4%) and WIENER VIG (9.3%).

CROATIA Osiguranje led the non-life ranking (almost 31.5% of the market share), followed by EUROHERC Osiguranje - (13.3%) and ALLIANZ Zagreb (10.1%).

Access www.xprimm.com and download the 3Q2016 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