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Slovakia

Location:
Central Europe, south of Poland

Climate:
temperate; cool summers; cold, cloudy, humid winters


Natural hazards:
Na

Currency: EURO

Sources:
Slovak Insurers Association (SLASPO)
National Bank of Slovakia

Insurance statistics

1H2016Market portfolio (NBS)xlsx
FY2015Market Portfolio (NBS)xlsx
3Q2015Market portfolio (NBS)xlsx
1H2015Market portfolio (NBS)xlsx
1Q2015Market portfolio (NBS)xlsx
1Q2015Market portfolio (SLASPO)xlsx
FY2014Market Portfolio (NBS)xlsx
3Q2014Market portfolio (NBS)xlsx
1H2014Insurance market overview pdf
1H2014Market portfolio (NBS)xlsx
1H2014Market Portfolio (SLASPO)xlsx
1H2014Insurance Companies Rankingsxlsx
1Q2014Market portfolio (NBS)xlsx
1Q2014Insurance companies rankingsxlsx
FY2013Insurance market overview pdf
FY2013Market Portfolioxlsx
FY2013Insurance Companies Rankingsxlsx
3Q2013Market Portfolio (NBS)xlsx
1H2013Insurance market overview pdf
1H2013Market Portfolio (NBS)xlsx
1H2013Insurance Companies Rankingsxlsx
1Q2013Market Portfolio (NBS)xlsx
FY2012Market Portfolio (NBS)xlsx
FY2012Insurance market overview pdf
FY2012Market Portfolioxlsx
FY2012Insurance Companies Rankingsxlsx
3Q2012Market Portfolio (SLASPO)xlsx
3Q2012Market Portfolio (NBS)xlsx
3Q2012Insurance Companies Rankingsxlsx
1H2012Insurance market overview pdf
1H2012Market Portfolio (NBS)xlsx
1H2012Insurance Companies Rankingsxlsx
1H2012Market Portfolio (SLASPO)xlsx
1Q2012Market Portfolio (NBS)xlsx
1Q2012Market Portfolio (SLASPO)xlsx
1Q2012Insurance Companies Rankingsxlsx
FY2011Market Portfolio (NBS)xlsx
FY2011Insurance market overview pdf
FY2011Market Portfolio (SLASPO)
xlsx
FY2011Insurance Companies Rankingsxlsx
3Q2011Market Portfolioxlsx
3Q2011Insurance Companies Rankingsxlsx
1H2011Insurance market overviewpdf
1H2011Market portfolio and rankingsxlsx
2010
Insurance market overviewpdf
2010Market portfolio and rankingsxlsx
1H2009
Slovakian insurance market overviewpdf
1H2009Market portfolio and rankingsxlsx
2009Slovakian insurance market overview pdf
2009Market portfolioxls
2009Life insurance rankingsxls
2009Non-Life insurance rankingsxls
1H2010Slovakian insurance market overviewpdf
1H2010Market portfolioxls
1H2010Life insurance rankings (total & main lines)xls
1H2010Non-Life insurance rankings (total & main lines)xls



Insurance prices start increasing in Slovakia, following the new 8% levy on the non-life insurance premiums

The 8% levy on insurance premiums extension from the MTPL class to a;; the facultative non-life insurance lines in Slovakia started to produce effects on the insurance premiums, reports The Slovak Spectator, mentioning especially the vehicle and travel insurance premiums. More
(09.03.2017)

Slovak Rep.: Insurers will pay the special levy on business at a double rate, but lower corporate taxes

The Slovak Government and Parliament made several changes to the tax system with effect from 1 January 2017, some of them affecting also the local insurance companies, as well as their foreign shareholders. The recently adopted amendments concern - among others - corporate and personal income tax, value added tax, special levy in regulated industries, as well as social security and health insurance contributions, reads a Kinstellar report published by the Lexology portal. More
(12.01.2017)

SLOVAKIA: KBC interested in banking opportunities

Belgian banking and insurance group KBC is interested in looking for acquisition opportunities in Slovakia, in line with its plan to expand in its core markets in central Europe, KBC Group Chief Executive Johan Thijs said on Wednesday. More
(09.01.2017)

SLOVAK Rep.: Increasing insurance taxation is raising hauliers' discontent

The Slovak government's decision to extend the 8% tax, previously applied only to the MTPL insurance premiums, to all the facultative non-life insurance lines has raised not only insurers' discontent, but also a negative reaction of CESMAD - the Association of Road Transport Operators of the Slovak Republic. In short, Slovak hauliers blame the recent change in taxation for the sharp increase in the mandatory motor insurance prices. More
(24.11.2016)

STATISTICS: SLOVAKIA, 1H2016: Possible extension of the current 8% tax on MTPL premiums to all facultative non-life insurance lines

Slovak insurers have ended 1H2016 with an overall GWP volume inferior to the previous year's results for the same period. According to the market representatives, given the Slovak market's stability during the recent years, the end year market results should be more or less in line with the 2015 results. More
(20.10.2016)

STATISTICS: SLOVAK Rep., NBS: The insurance market went down by 4% in 2015

Last year, the Slovak insurance market totaled EUR 2 billion, down by 4.1% y-o-y, as the preliminary statistics published by the National Bank of Slovakia (NBS) indicated. The life insurance field decreased by 9.6% y-o-y due to the 18% depreciation of unit-linked subsegment, while the non-life GWP was up by 2.8% to EUR 965 million. More
(03.03.2016)

SLOVAKIA: ALLIANZ acquires "Central Shopping Center" in Bratislava

ALLIANZ Real Estate (ARE) has acquired 100% of the shares of Central Shopping Center in Bratislava from IMMOCAP Group, a Slovakian real estate development company, for around EUR 175 million. It is the first real estate investment of ALLIANZ in Slovakia. More
(21.01.2016)

STATISTICS: SLOVAK Rep.: Life segment down by 8.4% y-o-y in 3Q influencing the aggregate values

The Slovak insurance decreased 3.6% y-o-y during January-September 2015 to EUR 1.53 billion, according to the financial figures published by the National Bank (NBS). In the analyzed period, life insurance decreased by 8.4%, to EUR 798 million, while the non-life insurance segment was up by 2.3%, to EUR 740 million. More
(17.12.2015)

STATISTICS: SLOVAK Rep., 1H2015: 16% increase of the market aggregate profit

In 1H2015, the Slovak insurance market totaled EUR 1.06 billion, while the value of paid claims by local insurer was EUR 586.4 million, according to the financial figures published on the NBS's web-site (National Bank of Slovakia). More in detail, the life insurance field generated more than half of total GWP (51.3%), while the non-life classes accounted for 48.7% of the market (EUR 516 million). More
(08.10.2015)

STATISTICS: SLOVAK insurance market up by 4.4% in 1Q2015, NBS

In 1Q2015 the Slovak insurance market totaled EUR 614.20 million, 4.43% up y-o-y, the statistics published by the National Bank of Slovakia (NBS) indicated. The value of paid claims increased by 4.67% y-o-y to EUR 313.88 million. More
(26.08.2015)

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