The gross written premiums of the 18 active Croatian insurers fell by 0.66% year-on-year to HRK 10.47 billion (EUR 1.38 billion) in 2020, according to the year-end figures published by the Croatian Insurance Bureau - CIB.

Gross written premiums from non-life insurance increased by 4.67% y-o-y to HRK 7.82 billion, whereas the life insurance segment GWP decreased by 13.68% y-o-y to HRK 2.64 billion, the CIB figures shows.

Despite at the end of 2020 CROATIA Osiguranje maintained its leading position being the largest insurer in the Adriatic country (accounting for 25.84% of total GWP), the largest insurance group in the country in terms of GWP is AGRAM Group - the aggregate market shares of the three insurers part of the mentined group totalling 26.08%, as fallows: EUROHERC osiguranje (ranked 2nd, 12.81%), ADRIATIC osiguranje (4th, 9.56%) and AGRAM Life (10th, 3.71%).

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• Croatia FY2020 Market Portfolio
• Croatia FY2020 Insurance Companies Rankings