STATISTICS: CROATIAN insurers 3Q GWP up by 2.43% y-o-y

Croatian insurers posted aggregate GWP of HRK 6.72 billion (about EUR 881 million) in the first nine months of 2015, up 2.43% y-o-y, according to the preliminary statistics published on Croatian Insurance Bureau website. Non-life GWP decreased by 2.65% y-o-y to HRK 4.55 billion, while the life insurance segment totaled HRK 2.17 billion, or 15.04% more.

While the momentum recorded in the first half of the year by the life insurance segment appeased in a certain degree, the non-life lines saw, in most cases, an improved dynamic.

On the life segment, ALLIANZ Zagreb was the market leader (18.97% market share), followed by CROATIA Osiguranje (18.10%), and UNIQA Osiguranje (10.62%).

CROATIA Osiguranje led the non-life ranking (almost 33% of the market share), followed by EUROHERC Osiguranje - (13.29%) and ALLIANZ Zagreb (12%).

At the end of September 2015, 25 insurers were activating on the market.

Access www.xprimm.com and download the 3Q2015 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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