Bosnia

Location:
Southeastern Europe, bordering the Adriatic Sea and Croatia

Climate:
hot summers and cold winters; areas of high elevation have short, cool summers and long, severe winters; mild, rainy winters along coast



Natural hazards:

destructive earthquakes

Currency: convertible mark
1 EUR = 1.95583 Convertible marks - BAM (fixed)

Sources:
Insurance Agency of Republika Srpska (AZORS)
Insurance Supervisory Agency of Federation of Bosnia and Herzegovina (NADOS)
Association of Insurance and Re-insurance Companies in BIH (AZOBiH)
Central Bank of Bosnia and Herzegovina
Association of Insurance in the Federation of Bosnia and Herzegovina

Insurance statistics
(until 1H2011, presented figures are only for FBiH market)

1H2017Market Portfolioxlsx
1H2017Insurance Companies Rankingsxlsx
1Q2017Overall BiH Market Indicators and Rankingsxlsx
1Q2017Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1Q2017RS Market Indicators and Rankingsxlsx
FY2016Overall BiH Market Indicators and Rankingsxlsx
FY2016Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
FY2016RS Market Indicators and Rankingsxlsx
3Q2016Overall BiH Market Indicators and Rankingsxlsx
3Q2016Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
3Q2016RS Market Indicators and Rankingsxlsx
1H2016Overall BiH Market Indicators and Rankingsxlsx
1H2016Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1H2016RS Market Indicators and Rankingsxlsx
1Q2016Overall BiH Market Indicators and Rankingsxlsx
1Q2016Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1Q2016RS Market Indicators and Rankingsxlsx
FY2015Overall BiH Market Indicators and Rankingsxlsx
FY2015Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
FY2015RS Market Indicators and Rankingsxlsx
3Q2015Overall BiH Market Indicators and Rankingsxlsx
3Q2015Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
3Q2015RS Market Indicators and Rankingsxlsx
1H2015Overall BiH Market Indicators and Rankingsxlsx
1H2015Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1H2015RS Market Indicators and Rankingsxlsx
1Q2015Overall BiH Market Indicators and Rankingsxlsx
1Q2015Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1Q2015RS Market Indicators and Rankingsxlsx
FY2014Overall BiH Market Indicators and Rankingsxlsx
FY2014Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
FY2014RS Market Indicators and Rankingsxlsx
3Q2014Overall BiH Market Indicators and Rankingsxlsx
3Q2014Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
3Q2014RS Market Indicators and Rankingsxlsx
1H2014Insurance market overview pdf
1H2014Overall BiH Market Indicators and Rankingsxlsx
1H2014Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1H2014RS Market Indicators and Rankingsxlsx
1Q2014Overall BiH Market Indicators and Rankingsxlsx
1Q2014Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1Q2014RS Market Indicators and Rankingsxlsx
FY2013Insurance market overview pdf
FY2013Overall BiH Market Indicators and Rankingsxlsx
FY2013Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
FY2013RS Market Indicators and Rankingsxlsx
3Q2013Overall BiH Market Indicators and Rankingsxlsx
3Q2013Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
3Q2013RS Market Indicators and Rankingsxlsx
1H2013Insurance market overview pdf
1H2013Overall BiH Market Indicators and Rankingsxlsx
1H2013Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1H2013RS Market Indicators and Rankingsxlsx
1Q2013Overall BiH Market Indicators and Rankingsxlsx
1Q2013Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1Q2013RS Market Indicators and Rankingsxlsx
FY2012Insurance market overview pdf
FY2012Overall BiH Market Indicators and Rankingsxlsx
FY2012Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
FY2012RS Market Indicators and Rankingsxlsx
3Q2012Overall BiH Market Indicators and Rankingsxlsx
3Q2012Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
3Q2012RS Market Indicators and Rankingsxlsx
1H2012Insurance market overview pdf
1H2012Overall BiH Market Indicators and Rankingsxlsx
1H2012Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1H2012RS Market Indicators and Rankingsxlsx
1Q2012Overall BiH Market Indicators and Rankingsxlsx
1Q2012Federation of Bosnia and Herzegovina Market Indicators and rankingsxlsx
1Q2012RS Market Indicators and Rankingsxlsx
FY2011Insurance market overview pdf
FY2011Overall BiH Market Indicators and Rankingsxlsx
FY2011BiH Market Indicators and Rankingsxlsx
FY2011RS Market Indicators and Rankingsxlsx
3Q2011Overall Bosnia and Herzegovina Market Indicatorsxlsx
3Q2011Republika Srpska Market Indicatorsxlsx
3Q2011Federation of Bosnia and Herzegovina Market Indicatorsxlsx
1H2011Insurance market overviewpdf
1H2011Market portfolio and rankingsxlsx
2010
Insurance market overviewpdf
2010Market portfolio and rankingsxlsx
1H2009
BiH insurance market overviewpdf
1H2009 Market portfolio xls
1H2009 Life insurance rankingsxls
1H2009
Non-Life insurance rankings xls
2009BiH insurance market overview pdf
2009Market portfolioxls
2009Life insurance rankingsxls
2009Non-Life insurance rankingsxls
1H2010BiH insurance market overviewpdf
1H2010Market portfolioxls
1H2010Life insurance rankingsxls
1H2010Non-Life insurance rankingsxls


1H2017 Market Portfolio

1H2017 Insurance Companies Rankings

See all statistics

BOSNIA:Nearly million registered vehicles in Bosnia and Herzegovina's roads

Total number of road motor vehicles registered in Bosnia and Herzegovina last year amounts to 952.590. Of the total number of registered vehicles in 2015, 87 percent are passenger vehicles, eight percent are freight vehicles, three percent are trailers, while the remaining two percent are other categories of vehicles.

BOSNIA: Sarajevo osiguranje to be sold?

The privatization plan of FBiH in this year includes the following economy societies: Energopetrol JSC Sarajevo, Energoinvest JSC Sarajevo, Aluminij JSC Mostar, Tobacco Factory Sarajevo JSC Sarajevo, and the Sarajevo osiguranje JSC Sarajevo, it was stated from the Cabinet of the Prime Minister of FBiH Fadil Novalic.

STATISTICS: BiH, FY2015: steady growth fueled by the MTPL line

The Bosnian insurance market saw a 4.7% y-o-y growth, to GWP of EUR 301 million, while paid claims remained fairly stable at the previous year's level, of EUR 128 million. It is however interesting to observe that the strongest contribution to the market growth belonged to insurers from smallest administrative entity of the country, the Republica Srpska. Thus, RS's share in the overall premium production increased by about 1.5 pp, to 29%.

BOSNIA's Standard Group backs off from Bobar Osiguranje takeover

Bosnia's Standard Group has decided not to go through with the acquisition of a majority interest in local insurer Bobar Osiguranje, local media reported on Thursday. Standard Group has abandoned earlier plans to recapitalise Bobar Osiguranje with 3.8 million marka (1.9 million euro), news portal Capital.ba reported.

STATISTICS: BOSNIA, 3Q: Double-digit increase of RS based insurers pushed up the aggregate market figures

Based on the figures released by the insurance agencies in the Federation of Bosnia and Herzegovina (FBiH) and the Srpska Republic (RS), in 3Q2015 the aggregate value of GWP by the 24 insurers active in the two administrative entities that formed the country was EUR 227.2 million, or 4.4% more y-o-y. Overall, the value of claims paid increased by almost 5% y-o-y to EUR 96 million.

BOSNIA's Bobar Osiguranje to borrow 2.6 mln euro from local bank

Bosnian insurance company Bobar Osiguranje said on Monday it will borrow 5 million marka (2.6 million euro) from the local Bor Banka. The company's shareholders approved the loan on November 9, the insurer said in a filing with the Banja Luka Stock Exchange.