On the claims side, payments made by insurers increased by 5.5%, to EUR 1.58 billion, mostly driven by the claims paid for health and motor insurance. In addition, the property insurance classes had also made a significant contribution to the increasing claims expenses of the Slovenian insurers. In particular, claims paid for the "fire and allied perils" lines went up by almost 23%. Several extreme weather episodes occurred throughout the year, including the severe storm of 8 June, are responsible for most of the paid claims increase.
The Top 3 ranking remained the same as in the previous periods: Zavarovalnica TRIGLAV, the parent company of the TRIGLAV Group leads the market, with a 27% market share; Zavarovalnica SAVA, also parent company of an important Group, SAVA Re, follows with a 16.7% market share, while ADRIATIC SLOVENICA - recently bought by the Italian group Generali, ranks third, with 12.96% of the total GWP. Vzajemna zdravstvena zavarovalnica, a mutual insurance company what makes the largest provider of supplementary health insurance holds also a 13% share of the total market GWP.
Access xprimm.com and download FY2018 Slovenian insurance market statistics.
- Market portfolio:
- Paid claims
- Growth rates
- Market shares
- Market ranking (GWP/ market shares):
- General top
- Life companies top
- Non-life companies top