Croatia
CROATIA: Kristijan BUK is the new president of the HANFA Council
At their last session this year, the members of the HANFA Council unanimously elected Kristijan BUK as the new President of the HANFA (Croatian Financial Services Supervisory Agency) Council, svijetosiguranja.eu wrote.
CROATIA: Croatia Osiguranje is a leader in non-life insurance, Wiener in life insurance
GWP in Croatia grew by 11.87% at the end of November 2021 and amounted to HRK 10.74 billion (~EUR 1.43 billion*) osiguranje.hr wrote.
CROATIA: Croatian Insurance Days, Ante ZIGMAN: We can expect a good year for insurance
The largest regional conference on insurance - Croatian Insurance Days was held on November 4, 2021 in Zagreb, organized by the Croatian Insurance Bureau (HUO) and partners. The conference once again brought together leading people in the insurance industry from the national, regional and European levels who discussed latest developments and future challenges of the Croatian and European insurance markets, svijetosiguranja.eu wrote.
CROATIA: Croatia Osiguranje sees profit growth in 3Q
Croatia Osiguranje is the leader on the Croatian market, with a total share of 26.9%. For 9 months of 2021 its GWP in Croatia amounted to HRK 2.27 million (+5% y-o-y), and consolidated GWP, including regional branches, amounts to HRK 2.73 (+5%).
STATISTICS: Croatian insurers posted double-digit increase in Q3 GWP
The Q3 2021 gross written premiums of Croatian insurers increased by 12.15% y-o-y to HRK 9.02 billion (EUR 1.20 billion), while gross paid claims by insurers totaled HRK 5.19 billion, up by 9% y-o-y according to the quarterly figures published by the Croatian Insurance Bureau - CIB.
The Croatian Insurance Days 2021 conference close to the start
The traditional annual event that reunites Croatian insurers, as well as their foreign business partners, the Croatian Insurance Days 2021 conference will be held on November 4, 2021 in Zagreb at the Hilton Garden Inn, abandoning for this edition its usual venue, Opatija.
HANFA authorized Zoran Barac as CO SB member
Croatian largest insurer CO (Croatia osiguranje) announced in a statement that Croatian Financial Services Supervisory Agency (HANFA) authorised Zoran BARAC as a member of the CO Supervisory Board.
CROATIA: in the first 8 months the insurance market grew by 12% y-o-y
GWP of Croatia-based insurers increased by 12.09% y-o-y from January to August of 2021, reaching HRK 8.13 billion (EUR 1.09 billion*), the Croatian Insurance Bureau said on September 14, SeeNews reports.
Groupama Biztosito enters the Croatian market
French insurer Groupama announced its Hungarian subsidiary - GROUPAMA Biztosito finalized the acquisition of 100% of the shares of the Croatian insurance company OTP Osiguranje from OTP Banka d.d., Croatian subsidiary of OTP Bank.
STATISTICS: Croatian insurers' H1 GWPs up by more than 13% y-o-y
The gross written premiums (GWP) of the 15 Croatia-based insurers rose 13.13% y-o-y at the end of June 2021, reaching HRK 6.40 billion (EUR 855 million), according to the half-year figures published on the Croatian Insurance Bureau (CIB) website.
CROATIA: for the first seven months, GWP of Croatia-based insurers more than 12% up y-o-y
GWP of Croatia-based insurers rose 12.37% y-o-y for the period from January
to July in 2021, reaching HRK 7.393 billion (EUR 986 million), the Croatian Insurance Bureau informed.
CROATIA: net profit of Croatia Osiguranje 2% up in 1H2021
For the first half of 2021 Croatian holding company Adris reported a consolidated net profit of HRK 54.2 million (~EUR 7.2 million), vs a net loss of HRK 45.4 million for the same period of 2020, SeeNews wrote.
Zoran Borac to be elected as a Member of Croatia osiguranje Supervisory Board
According to the Submission of Announcement of Convocation of the 50th General Assembly of CROATIA osiguranje d.d. which is to be held on September 9th 2021, published on the Croatian Stock Exchange website, Zoran Borac will be elected as Member of the Supervisory Board.
CO posted five-months increasing net profit after the positive impact of the first Croatian 100% digital insurance product
Croatia osiguranje, the largest Croatian insurer and one of the largest insurance group in Adriatic region, posted consolidated net profit for the first five months of 2021 of HRK 208 million (~ EUR 28 million), which is an increase of one percent compared to the same period previous year.
Croatia: GWP up by 13.2% in the first five months of 2021
The 15 insurers active on the Croatian market in the first five months of 2021 wrote gross premiums worth HRK 5.4 billion (~ EUR 972 million), of which for life insurance HRK 1.4 billion, and HRK 4.0 billion for non-life insurance, latest data from HANFA, the supervisory authority, show.
Frost and Sullivan's Technology Innovation Leadership award for 2021 went to Amodo, awarding the company's best practices
Global market research and consulting company Frost and Sullivan rewarded Amodo, the Croatian InsurTech company of global relevance, with a European User-based Insurance Industry Excellence in Best Practices award.
Amodo and Croatia Osiguranje presenting the first telematics program in Croatia
Amodo, the well-known Croatian digital solutions provider and Croatia Osiguranje, the Croatian market's leading insurer will present, on July 7, 2021 at 15.00 hours CET, the first telematics program in Croatia LaqoPrevent, a unique prevention program that use advanced technologies to promote and reward safe driving.
CROATIA osiguranje end-March net profit increased to EUR 15.5 million
CROATIA osiguranje d.d., one of the largest insurance company in Adriatic region, reported unaudited Q1 2021 gross profit of HRK 140.6 million (EUR 18.57 million) vs HRK 120.4 million a year before while its net profit increased from HRK 98.3 million in March 2020 to HRK 117.3 million (EUR 15.5 million) representing an increase of 19.4 % y-o-y.
Sabine Usaty is the new President of the Management Board of UNIQA Osiguranje, Croatia
Sabine USATY was appointed President of the Management Board of UNIQA Osiguranje on May 1. She has more than 20 years of experience in management positions, part of them within the UNIQA Group.
STATISTICS: Croatian insurers' Q1 2021 GWP rise 6.3% y-o-y
The gross written premiums of Croatian insurers rose by 6.29% year-on-year in Q1 2021, to HRK 3.25 billion (~EUR 430 million), according to the quarterly figures published on the website of the Croatian Insurance Bureau.

20 December 2021