STATISTICS: Slovakia insurers’ FY2023 business expanded to EUR 2.7 billion, according to SLASPO

21 February 2024 — Andrei VICTOR
STATISTICS: Slovakia insurers’ FY2023 business expanded to EUR 2.7 billion, according to SLASPO

According to the year-end market data published by SLASPO (Slovak Insurance Association), at the end of 2023, total GWP from the members of the association (domestic insurers and EU branches) totaled EUR 2.72 billion, up by 4.73% y-o-y.

Premiums written in life insurance increased by 2.44% y-o-y to EUR 1.07 billion, while the non-life segment was up by 6.26% y-o-y to EUR 1.65 billion.

In terms of GWP, the largest life insurers in the country were KOOPERATIVA VIG (EUR 319.80 million), Allianz-Slovenska (EUR 198.69 million) and Generali Poistovna (EUR 124.13 million).

Top 3 in non-life insurance was formed by Allianz-Slovenska (EUR 474.93 million), KOOPERATIVA VIG (EUR 359.68 million) and Generali Poistovna (EUR 233.92 million).

Access xprimm.com and download the FY2023 Slovak insurance market statistics released by SLASPO.
 

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