STATISTICS: Slovenian insurance market posted slight y-o-y increase in GWP to EUR 2.6 bn

21 April 2022 — Andrei Victor
The Slovenian insurance market totaled EUR 2.60 billion at the end of 2021, a 1.5% increase y-o-y, according to the Slovenian Insurance Association's year-end figures. Life insurance GWP posted a negative rate of -1.2% y-o-y to EUR 740 million, while the general insurance segment increased by 2.7% y-o-y to EUR 1.87 billion - or 71.63% of total GWP.

In terms of paid claims, the aggregate value was EUR 1.63 billion, of which about EUR 511.5 million - life indemnities, EUR 539.8 million - payments related to health insurance contracts, EUR 354.2 million - motor classes payments (MTPL and MoD, summed), and about EUR 120 million - property claims.

Slovenia's largest insurers in terms of GWP were Zavarovalnica TRIGLAV with a 27.1% market share (EUR 707million), followed by Generali zavarovalnica (17.21% market share, EUR 449 million) and Zavarovalnica Sava (16.7% market share, EUR 434.4 million).

Access xprimm.com and download FY2021 Slovenian insurance market statistics.
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