STATISTICS: CROATIAN insurers 2014 GWP down by 5.7% due the negative rates reported on the main non-life sub-segments
In case of non-life sector, the downtrend was strongly influenced by the negative rates reported on the two main sub-segments: property (-8.76% to HRK 1.14 billion) and MTPL (-18.25% to HRK 2.43 billion).
On the life insurance segment the "traditional life field" was the largest class, accounting HRK 2.32 billion or 4.09% more y-o-y, while the unit-linked policies increased 5.22% to HRK 136.26 million.
The top three companies as GWP generated more than half of the business (51.04%) and consisted of CROATIA Osiguranje (26.63% market share), followed by ALLIANZ Zagreb with 14.23% and EUROHERC (10.18%).
Access www.xprimm.com and download the FY2014 Croatian insurance market statistics.
Market portfolio (in EUR and HRK):
- Gross written premiums
- Paid claims
- Growth rates
- Overall market
- Life insurance
- Non-life insurance