STATISTICS: MACEDONIA 1H2014: MTPL and damages to property insurance lines are generating 60% of the market
Except for "motor hull" and the "fire and allied perils" classes, all non-life insurance lines recorded a positive dynamic. The "damages to property" insurance line saw a 36.6% y-o-y increase in GWP, thus accounting for about 17% of the market portfolio. As far as the "fire and allied perils" insurance line is concerned, while GWP decreased by 0.6%, to EUR 4.35 million, paid claims saw a 147% surge, to EUR 1.13 million.
GRAWE, CROATIA and WINNER are the Top 3 life insurers, together accounting for almost 94% of the life insurance business in Macedonia. TRIGLAV, OSIGURUVANJE MAKEDONIA and WINNER are holding the first three positions in the non-life ranking, with an aggregated market share of about 44%.
Access www.xprimm.com and download the 1H2014 Macedonian insurance market statistics.
Market portfolio (in MKD and EUR):
- Gross written premiums
- Paid claims
- Growth rates
- Life insurance
- Non-life insurance