STATISTICS: Croatian insurers' gross written premiums, up by 3.76% in Q1

The GWP underwritten by Croatian insurers totaled HRK 2.54 billion (EUR 332.34 million) in the first quarter of 2015, up by 3.76% y-o-y, the Croatian Insurance Bureau announced. The value of paid claims by insurers totaled HRK 1.06 billion, 1.22% less y-o-y.

On the non-life segment, the value of GWP fell by 3.77% to HRK 1.72 billion, while the life insurers reported GWP of HRK 820.28 million, 24.12% y-o-y.

CROATIA Osiguranje was the market leader on the life segment (GWP of HRK 210.74 million, 25.69% market share), followed by ALLIANZ Zagreb (21.65%), and UNIQA Osiguranje (11.29%).

CROATIA Osiguranje also led the non-life ranking, accounting for almost 40% of the market share, being followed by ALLIANZ Zagreb (12.36%) and EUROHERC Osiguranje (10.80%).

According to the reported statistics, at the end of March 2015, 25 insurers were activating on the market.

Access www.xprimm.com and download the 1Q2015 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

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