STATISTICS: Slovene market ended 2020 with GWP of EUR 2.6 billion

6 May 2021 —
STATISTICS: Slovene market ended 2020 with GWP of EUR 2.6 billion
The Slovenian insurance market totaled EUR 2.57 billion at the end of 2020, a 2.07% increase y-o-y, according to the Slovenian Insurance Association's year-end figures.

Life insurance GWP posted a subunit decrease of -0.63% y-o-y to EUR 749.22 million, while the general insurance segment reported a positive rate of 3.23% y-o-y, reaching EUR 1.82 billion - or 70.84% of total GWP.

In terms of paid claims, the aggregate value was EUR 1.62 billion, of which about EUR 530 million - life indemnities, EUR 503 million - payments related to health insurance contracts, and EUR 358 million - motor classes payments (MTPL and MoD, summed).

Slovenia's Top 3 largest insurers in terms of GWP were Zavarovalnica TRIGLAV with a 25.20% market share (EUR 648 million), followed by Zavarovalnica SAVA (17.40% market share, EUR 447 million) and GENERALI zavarovalnica (16.81% market share, EUR 432 million).

Access xprimm.com and download FY2020 Slovenian insurance market statistics.

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