During Q1-Q3 2024, the Slovak insurance market totaled EUR 1.56 billion, 6.96% more y-o-y, according to the 9 months statistics published by the National Bank of Slovakia (NBS).

The life insurance segment was up by 3.5% y-o-y to EUR 578.7 million, while the non-life classes accounted for EUR 982.85 million (or 62.94% of total GWP), or 9% more y-o-y.

The value of paid claims by local insurers decreased by 23.66% y-o-y to EUR 877.5 million, of which EUR 391.8 million related to life indemnities, the remaining EUR 485.7 million being accounted by the other non-life subclasses.

Access xprimm.com and download Slovak insurance market statistics.