The insurance market of Bosnia and Herzegovina (BiH) ended the year 2025 with aggregate GWP worth BAM 1.17 billion (~EUR 599.6 million), up by 8% y-o-y, according to market data published by AZOBiH - Insurance Agency of Bosnia and Herzegovina.

The non-life GWP's contribution to the market portfolio was about 81% (BAM 953.33 million, 8.6% more y-o-y), while the life-insurance companies contributed the remainder BAM 219.3 million, or 5.5% more y-o-y.

Motor insurance still holds the dominant position in the market portfolio accounting for almost 61% of the total GWP or 74% of the non-life premiums. Mandatory MTPL generated about 60% of the non-life premiums and 57% of the non-life claims expenses.

Claims and indemnities paid at market level totaled BAM 489.7 million (EUR 250.4 million), up by 4% y-o-y. Life indemnities accounted for BAM 125.2 million, while local insurers reported payments for claim files opened on non-life subclasses worth almost BAM 364.5 million.

FBiH insurers generated 70.6% of the total GWP (BAM 827.93 million), while insurers domiciled in Srpska Republic posted GWP worth BAM 344.7 million.

Uniqa osiguranje is the largest life insurer in the market, with a 23.78% market share followed by Vienna osiguranje and Triglav osiguranje (20.4% and 16.16% respectively). ASA osiguranje is the top non-life insurer, with a market share of 15.4%. Top 3 is completed by Adriatic osiguranje and Euroherc osiguranje and controls a total share of almost 38% of the market GWP.

Access www.xprimm.com and download the BiH insurance market statistics.