CROATIA: Adriatic osiguranje’s net profit rises 12.38% in 2024 to EUR 4.06 million

28 April 2025 — Marina MAGNAVAL
Adriatic osiguranje, one of the leading companies on the Croatian insurance market, achieved a net profit of EUR 4.06 million in 2024, which is 12.38% more y-o-y, according to the financial report, osiguranje.hr writes.

Gross premium written increased by 13.74%, reaching EUR 245.8 million. This placed Adriatic osiguranje in third place in terms of market share in the non-life insurance segment.

According to the GWP structure, the largest shares came from:

  • Motor vehicle liability insurance (66.08%)
  • Road vehicle insurance (16.00%)
  • Accident insurance (5.18%)
Total claim expenses of the company amounted to EUR 140 million, with 258,628 settled claims.



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