In the first five months of the year, Croatian insurance market amounted a combined gross premium of HRK 4.29 billion (EUR 590 million), the Croatian Financial Services Supervisory Agency (HANFA) reports.

This period's premium is down by 0.09 percent compared to the same period of the last year.
Life insurance companies charged a combined gross premium of HRK 970.6 million (EUR 134 million), down by 0.68 percent year-on-year, while non-life insurance premium rose by 0.08 percent, to HRK 2.65 million (EUR 456 million).

At the same time, the volume of paid claims rose by over 10 percent, compared to the same of 2008. For life insurance, the volume paid claims rose by almost 21.5 percent, while for non-life insurance segment the rise of paid claims was just of 8%.