Gross written premiums from non-life insurance represents 81.6% of total insurance market - about EUR 44.8 million, up by 12.4% y-o-y while, life business GWP was up by 9.2% y-o-y to EUR 10.1 million.
In terms of claims, total payments totaled EUR 21 million, up by 0.9% y-o-y. Life indemnities increased by 3.1% y-o-y to EUR 4.9 million, while non-life claims amounted EUR 16 million (+0.3% y-o-y).
The largest life insurer in the country was GRAWE osiguranje with a GWP volume of EUR 3.8 million and a market share of 37.2%, while LOVCEN osiguranje, a unit of Slovenian insurance group TRIGLAV, was the biggest non-life insurer with GWP of EUR 19.5 million and a market share of 43.5%.
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