Location map
author: OCHA/ ReliefWeb

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

- 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
Pop. density*:72.4people/km2
GDP*:51.4EUR billion

European Union:
EU member, since 2013

Currency: Kuna
Code: HRK
Since: 1994

Insurance market portfolio
* 2018 estimates
Overall Property*:14%
Overall Motor*:33%




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Croatia 3Q2020 Market Portfolio

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Croatia 3Q2020 Insurance Companies Rankings

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Latest news

Croatian earthquakes caused losses also in the neighboring countries

The 6.4-magnitude earthquake has hit Croatia in 29 December, killing at least seven people and causing severe damage to the town of Petrinja south-east of the capital Zagreb, has also affected the neighboring Bosnia and Serbia, and was felt also in the southern Austria and Hungary.

CROATIA osiguranje launched the first Croatian 100% digital insurance

CROATIA osiguranje, one of the top insurers in the Adriatic region, member of the Adris Group, launched LAQO - the first Croatian 100 percent digital insurance. The company also announced a HRK 200 million (~EUR 26.5 million) worth digitalization and product development program.

STATISTICS: CROATIA, 1Q2020: Local insurers' GWP exceeded EUR 400 million

The Croatian insurance market ended 1Q2020 with GWP worth HRK 3 billion (~EUR 402 million*), 4.12% up y-o-y. The largest contributions to the aggregate GWP, in absolute terms, came from the motor insurance classes, traditional life insurance and both property LoBs, according to the figures published by the Croatian Insurance Bureau.

CROATIA: GENERALI completed the acquisition of IZVOR osiguranje business

GENERALI CEE Holding announced it officially expanded on Croatian insurance market finalising the acquiring of the business of local non-life insurer IZVOR osiguranje. Thus, "all rights and obligations under the insurance contracts of IZVOR osiguranje were transferred to GENERALI osiguranje as the new insurer".