Croatia

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Location map
author: OCHA/ ReliefWeb


Location:
- Southeastern Europe, bordering the Adriatic Sea;
- Neighbours: Slovenia, Hungary, Serbia, Bosnia and Herzegovina, Montenegro.

Climate:
- Mediterranean and continental;
- continental climate predominant with hot summers and cold winters;
- mild winters, dry summers along coast.

Natural hazards:
- destructive earthquakes.

Macro indicators
* 2018 estimates
Surface:56,594km2
Population*:4.1million
Pop. density*:72.4people/km2
GDP*:51.4EUR billion
GDP/capita*:12,541.8EUR

European Union:
EU member, since 2013

Currency: Kuna
Code: HRK
Since: 1994


Insurance market portfolio
* 2018 estimates
TOTAL LIFE*:32%
TOTAL NON-LIFE*:68%
Overall Property*:14%
Overall Motor*:33%


Sources:




 

CROATIA: kompare.hr continues further expansion in Croatia through acquisition of Optimum Grupa

Kompare, the leading domestic platform for comparing and contracting insurance, telecom services and loans, continues a series of successful acquisitions and further expansion in Croatia and the region - it has acquired Optimum Grupa - a licensed credit and insurance intermediary with many years of experience in mediating in contracting products and services for companies and citizens, osiguranje.hr writes.

Croatia Osiguranje accelerates digital transformation and expands healthcare services

Croatia Osiguranje, the country’s leading insurer and member of the Adris Group, reported strong growth in both its insurance and healthcare segments for 3Q2025. The group achieved consolidated insurance sales revenue of EUR 446.6 million, including regional operations — up 14% y-o-y. Croatia osiguranje's consolidated net profit amounted to EUR 57.9 million, which is an increase of 25% y-o-y.

STATISTICS: CROATIA, 3Q 2025: motor insurance lines remained the market drivers

According to data provided by HANFA – the Croatian Financial Services Supervisory Agency, at the end of September 2025 the total premium collected by the local insurers amounted to EUR 1.54 billion, of which EUR 0.24 billion (down 1.8% y-o-y) related to life insurance premium and EUR 1.29 billion (10.17% y-o-y growth) to non-life insurance premium.














CROATIA: Net profit of UNIQA Croatia in 2024 decreased to 4.79 million

UNIQA Insurance, that has been operating in Croatia for 25 years and is part of the UNIQA Group, one of the leading insurance groups in Austria and Central and Eastern Europe, achieved a profit after tax of EUR 4.79 million in 2024, which is less than the previous year when the profit amounted to EUR 6.88 million, osiguranje.hr writes.



CROATIA: Croatia Osiguranje raises its stake in Sava Re to 19.04%

Slovenian reinsurer Pozavarovalnica Sava (Sava Re) said that Croatian insurer Croatia Osiguranje has raised its stake in Sava Re by 4.87% to 19.04% last week. Croatia osiguranje is the largest and oldest insurance company in Croatia. The company is a market leader with a strong focus on digitalization.