Non-life GWP rose by 11.60% y-o-y, to HRK 5.79 billion - all subclasses reporting positive rates, whereas the life insurance LoB totaled the remaining HRK 2.36 billion, down by 1.28% y-o-y due the 13.39% decrease (more than HRK 50 million) registered by the UL products.
CROATIA Osiguranje was the largest insurance company in the country, accounting for 27.40% of total GWP. ALLIANZ Zagreb followed with 13.15%, while non-life insurer EUROHERC Osiguranje ranked 3rd with 11.31%.
Croatia 3Q2019 Market portfolio and companies rankings (in EUR and HRK)
- Gross written premiums
- Paid claims
- Market shares