After the dramatic fall in 2024, following the changes in the health insurance system, the Slovenian insurance market re-entered on a positive trend, with GWP increasing y-o-y by 11%, to EUR 1.6 billion. In comparison with the market data for 1, it seems the market growth is slightly accelerating.

It is worth remembering that the main reason for the massive negative change in 2024 was the almost 90% fall in the health insurance business as a result of the convulsion cause by the governmental decision to abolish, starting with January 1st 2024 the voluntary supplementary health insurance and replace it by a mandatory health contribution managed by the public Health insurance institute of Slovenia. All the policies issued by the insurance companies that provide supplementary health insurance have automatically expired at 31 Decembre.

At the end of the first half of 2025, life insurance accounted for 31% of the market portfolio, with GWP worth almost EUR 500 million. Put of the non-life insurance business lines, motor insurance accounted for the largest part (> 50% of the non-life GWP). While Motor Hull accounted for 28% of the non-life portfolio, GWP for this LoB reached EUR 305.5 million, by almost 7% up y-o-y. The MTPL insurance class saw a 13.4% y-o-y increase in GWP, to EUR 262 million (24% of the non-life portfolio).

Property insurance accounts for about a quarter of the non-life business, almost equally divided between fire insurance and damages to property insurance classes. Overall, GWP for property insurance reached GWP worth EUR 257.26 million, 10.3% up y-o-y.

According to previous comments of the supervising authority, the growth recorded by the motor and property insurance classes, is owed both to the increase in the number of policies and to higher insurance prices.

Access xprimm.com and download Slovenian insurance market statistics.