Life insurance saw, overall, a 4.9% y-o-y decrease to HRK 794 million, mostly influenced by the by the decreasing trend recorded by the Unit-Linked products, with premiums going down by over 21%.
The non-life segment recorded a 7.7% y-o-y increase in GWP, to HRK 2.26 billion, mainly driven by the positive trends seen on the motor and the property insurance lines.
CROATIA Osiguranje, ALLIANZ Hrvatska and WIENER osiguranje VIG lead the Croatian market, accounting for about 51.2% of the aggregate market GWP.
* 1 EUR = 7.609231 Kuna - HRK (March 31st 2020)
1 EUR = 7.425058 Kuna - HRK (March 31st 2019)