The insurance companies operating in Bosnia and Herzegovina’s Federation recorded total GWP of BAM 70 million (EUR 35.8 million) in January, up 7.7% on the year, according to the entity’s insurance supervision agency, SeeNews writes.

Segment-wise, non-life increased by 6.3% year-on-year to BAM 56.7 million in January, while life insurance rose by 14.1% to BAM 13.3 million, the Federation’s insurance regulator reported.

ASA Central was the biggest insurer in the Federation in January with GWP worth BAM 10.6 million, up from BAM 9.9 million the same month last year. It was followed by Adriatic with BAM 8.2 million and Sarajevo osiguranje with BAM 7.2 million.

The agency's report comprises data on 19 insurance companies operating in the entity, 10 of which are Federation-based. The remaining nine are based in Bosnia's Serb Republic, the source added.

*EUR 1 = BAM 1.956