The positive trend was visible both for the life and non-life insurance segments of the market, but the improved dynamic was more evident for the non-life business which recorded a GWP growth rate of 5.3% y-o-y.
Although still very small in numbers, the property insurance segment saw a double digit growth for the "fire insurance" class.
Motor insurance classes account for about 50% of the total GWP volume and recorded a modest positive evolution in premium terms, especially on the Motor Hull line which saw an almost y-o-y 7% growth in GWP.
Access www.xprimm.com and download the 1H2015 Montenegrin insurance market statistics.
|More about the Montenegrin insurance market evolution in 1H2015 will be available in the forthcoming issue of XPRIMM Insurance Report 1H2015, to be released on October, 18th, on the occasion of the Baden-Baden XPRIMM Reception (Kurhaus Casino, Runder Saal, 18:30 - 20:30 hours - register here).|