CROATIA: in 11M the market expanded by almost 12% y-o-y

31 December 2021 — Marina MAGNAVAL
From January to November 2021, GWP of the Croatia-based insurers rose 11.87% y-o-y and reached HRK 10.74 billion (EUR 1.4 billion*), SeeNews reported with reference to the Croatian Insurance Bureau.

Non-life segment increased by 12.65% to HRK 8.12 billion for the period, as the Insurance Bureau, an association of Croatia-based insurers, said. At the same time, life segment expanded by 9.51% by the end of November, reaching HRK 2.62 billion.

There were 15 insurers registered in the Adriatic country at the end of November.

*EUR 1 = HRK 7.514



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