Croatia's insurance market is expected to grow at a compound annual growth rate (CAGR) of 3.6% over the next decade, reaching EUR 2.7 billion in 2035, as Allianz said in its report, SeeNews writes.

Allianz noted in its Global Insurance Report 2025 that total premium income of Croatia's insurance market last year reached EUR 1.8 billion from 1.7 billion in 2023. The Croatian insurance market enters a more stable phase following sharp changes in the pandemic years, Allianz said.

For property and casualty insurance, Allianz expects annual growth of 4.5% on global level until 2035, as in Croatia that growth is to be 3.6%. In the life insurance segment, Allianz expects annual growth of 5.0% on global level thanks to higher interest rates, Allianz said adding that in Croatia that rate is to be 2.2%.

The smallest segment, health insurance, should continue to be the most dynamic with annual growth of 6.7% globally, while in Croatia that rate is to be 6.5%, Allianz added in its report.