Last year, the Slovak insurance market totaled EUR 2.17 billion, 4.75% less y-o-y, according to the end-year statistics published by the National Bank of Slovakia (NBS).


In GWP terms, the life insurance segment was down by 12.37% y-o-y to EUR 889 million, these types of policies generating 40.87% of the total insurance market, while the non-life classes accounted for EUR 1.28 billion (or 59.13% of total GWP), or 1.36 % more y-o-y.

Overall, the value of paid claims by local insurers decreased by more than EUR 160 million to EUR 1.25 billion, of which EUR 629 million related to life indemnities.

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