Croatia
CROATIA: moderate market growth by the end of October supported by the non-life
According to the data of the Croatian Insurance Agency for October 2022, GWP of insurance companies reached HRK 10.64 billion (~EUR 1.41 billion), which is 7.62% more compared to the same period of 2021, www.svijetosiguranja.eu wrote.
21 November 2022CROATIA: Ante ZIGMAN elected for the third time as a member of the International Association of Insurance Supervisors (IAIS)
The President of the Board of Directors of the Croatian Financial Services Supervisory Agency (HANFA), Ante ZIGMAN, was elected for the third time as a member of the Executive Board of the International Association of Insurance Supervisors (IAIS) as a representative of the CEET region (Central and Eastern Europe and Transcaucasia), svijetosiguranja.eu wrote.
15 November 2022STATISTICS: Croatian insurers business rises by 7.9% in January-September 2022
The business of the 15 th Croatia-based insurers members of HUO - Croatian Insurance Bureau - totaled HRK 9.73 billion (~EUR 1.29 billion) at the end of the third quarter of the year, up by 7.9% y-o-y, according to the monthly figures published by the Insurance Bureau on its website.
2 November 2022CROATIA: Non-life rising, life falling according to the market results in September
According to the data of the Croatian Insurance authority, by September 2022, GWP of the insurance companies reached HRK 9.73 billion (~EUR 1.28 billion), which represents an increase of 7.90% y-o-y, svijetosiguranja.eu wrote.
13 October 2022UniCredit and Allianz take further steps to consolidate partnership
UniCredit and Allianz announced that they have signed a framework agreement and two share purchase agreements related to their respective footprints in Croatia, with the intention to unwind their direct and indirect shareholdings in the country.
5 October 2022CROATIA: The market in August 2022 grew by 8.13%
According to the cumulative data of the Croatian Insurance Authority for August 2022, total GWP of the market reached HRK 8.79 billion (~EUR 1.16 billion), which represents an increase of 8.13% y-o-y, osiguranje.hr reports.
13 September 2022Croatian LAQO introduces cryptocurrency payments on its webshop
Croatian LAQO, the digital brand of Croatia Osiguranje, is the first insurer in Croatia that has introduced cryptocurrency payments on its webshop. LAQO is also the first insurer in the country that uses telematics technology to promote responsible traffic behavior through the LaqoPrevent, digital platform.
1 September 2022STATISTICS: CROATIA 1Q2022: GWP expanded to EUR 915 million
The GWP of Croatian insurers increased by 7.53% y-o-y in the first half of 2022, reaching HRK 6.88 billion (EUR 915 million), according to the data of the Croatian Insurance Bureau - CIB.
25 August 2022CROATIA: The Croatian Insurance authority has published its new report "Insurance Market in the Republic of Croatia for 2021"
The Croatian Insurance authority has published its new report "Insurance Market in the Republic of Croatia for 2021", introductory part of which provides an overview of the basic general and macroeconomic indicators for the Republic of Croatia in 2021, as well as an overview of trends in the insurance market for the period 2005-2021, svijetosiguranja.eu wrote.
22 July 2022CROATIA: at the end of June the market expanded by 7.53%
According to the Croatian Insurance Authority, in June the market totaled HRK 6.88 billion (~EUR 0.91 billion), which is 7.53% more compared to 2021, osiguranje.hr reports.
13 July 2022CROATIA: over 350 representatives of insurance regulators from 70 countries visited Dubrovnik
On June 16-17, 2022, in Dubrovnik, the Global Seminar of the International Association of Insurance Supervisors took place. It is one of the most important meetings of insurance supervisors, representatives of the insurance market and other stakeholders, which gathers about 350 participants from 70 countries and was held for the first time in Croatia.
22 June 2022STATISTICS: CROATIA, Q1 2022: 9% GWP increase, driven by the non-life insurance segment
The GWP of Croatian insurers increased by 9.02% y-o-y in Q1 2022, to HRK 3.54 billion (~EUR 468 million), according to the quarterly figures published on the website of the Croatian Insurance Bureau.
8 June 2022CROATIA: GWP of Croatia-based insurers increased 6.78% y-o-y from January to April
GWP of Croatia-based insurers increased 6.78% y-o-y from January to April this year, reaching HRK 4.564 billion (EUR 605 million), SeeNews reports referring to the data of the Croatian Insurance Bureau.
17 May 2022CROATIA: the Croatian Insurance Days 2022 conference to start on May 04
The Croatian Insurance Days will take place from 4 to 6 May at the Amadria Park Grand Hotel 4 Opatijska cvijeta, and participants still may register until 28th of April. This is considered as the most important gathering of the insurance professionals in Croatia.
27 April 2022CROATIA: The insurance market in March maintained its upward trend
According to the data of the Croatian Insurance Bureau for March 2022, insurance companies collected GWP in the amount of HRK 3.54 billion (~EUR 0.47 billion), which is an increase of 9.02% y-o-y.
12 April 2022CROATIA: new members in the Croatian Insurance Bureau
On March 23, the Croatian Insurance Bureau decided to accept the insurance companies Hrvatsko kreditno osiguranje dd and Wustenrot zivotno osiguranje dd as new members of the Bureau effective from April 1, 2022, osiguranje.hr informed.
31 March 2022The Russian-Ukrainian crisis has no impact in CO business
Croatia largest insurer Croatia Osiguranje announced has no direct operations in insurance and reinsurance business with Russia and Ukraine - nor with reinsurance companies, brokers, MGA agencies, etc., thus the impact of the Russian-Ukrainian crisis, as well as sanctions imposed on Russia - have no impact on the Company's operations.
15 March 2022CROATIA: in the first two months the market rose by about 6.3%
According to the data of the Croatian Insurance Bureau by the end of February 2022, insurance companies collected GWP in the amount of HRK 2.24 billion (EUR 296 million), which is an increase of 6.29% compared to 2021.
14 March 2022CROATIA: in January the market grew by 19.07%
According to the data of the Croatian Insurance Bureau for January 2022, total market GWP reached HRK 1.22 billion (~EUR 0.16 billion*), which 19.07% more y-o-y, osiguranje.hr reports.
14 February 2022STATISTICS: Croatian insurers business increased 12% y-o-y in 2021 to EUR 1.55 billion
The aggregate GWP of the 15 Croatian insurers rose 11.86% in 2021, to HRK 11.71 billion (EUR 1.55 billion), preliminary Q4 2021 data of the Croatian Insurance Bureau showed. Total gross claims paid increased to HRK 7.29 billion in the review period from HRK 6.53 billion a year earlier.
2 February 2022
