13 October 2022 — Daniela GHETU
Slovenian insurers reported GWP up by 4.62% y-o-y in 1H2022, to EUR 1.48 billion. The absolute trend setter was the non-life segment which saw a 6.3% GWP growth rate, to EUR 1.08 billion, while the life insurance segment remained, overall, at the 1H2021 GWP level, of EUR 393.6 million. Yet, one should notice that the Unit-Linked products line was the one which, by recording a 7.6% premiums growth, has offset the negative trend seen on the traditional life insurance lines. Paid claims went up by about 11,67%, to EUR 906 million, mostly driven by the health insurance line.

On the non-life insurance side, property insurance - in particular the "damages to property" LoB -, and the motor insurance lines - especially the Motor Hull one -, provided for the largest contributions to the GWP increase.

Slovenia's largest insurers in terms of GWP were Zavarovalnica TRIGLAV with a 28.9% market share (EUR 426.95 million), followed by Zavarovalnica Sava (17.63% market share, EUR 260.7 million) and Generali zavarovalnica (16.77% market share, EUR 247.9 million).

Access and download 1H22022 Slovenian insurance market statistics.