Gross written premiums from non-life insurance represented 84.12% of Montenegrin's insurance market and increased by 4.95% y-o-y to EUR 32.52 million, mostly driven by the growth rates reported on accident, health and the two motor insurance classes, while the life insurance GWP was up by an annual 2.20% to EUR 6.14 million.
According to the ISA's latest statistics, the main player on the life insurance segment was GRAWE osiguranje with 34.6% market share, while on the non-life insurance segment, the market leader was LOVCEN osiguranje with 44.65% share.
Access www.xprimm.com and download the 1H2016 Montenegrin insurance market statistics.
Market portfolio:
- Gross written premiums
- Claims
- Growth rates
- Gross written premiums
- Market shares
- Growth rates
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