Bosnia and Herzegovina

Location:
- Southeastern Europe, bordering the Adriatic Sea;
- Neighbours: Croatia, Serbia, Montenegro.

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.

European Union:
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Location map
author: OCHA/ReliefWeb


 


Statistics

Bosnia FY2018 Rankings

Bosnia FY2018 Market Portfolio

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Latest news






BOSNIA's Sarajevo Osiguranje increases H1 net profit

The net profit of Bosnian insurer Sarajevo Osiguranje grew to 389,900 marka (199,400 euro) in the first half of 2017 from 50,300 marka a year earlier, the company said. Sarajevo Osiguranje's gross written premiums rose 0.3% to 29.8 million marka in January-June, while its operating costs dropped to 11.0 million marka from 11.4 million marka, the insurance company said in a filing with the Sarajevo Stock Exchange on Tuesday.




BOSNIA: Triglav INT's buyout bid for Bosnia's Triglav Osiguranje fails

The buyout bid launched by Slovenian holding company Triglav INT, a member of the country's biggest insurer Zavarovalnica Triglav, for the 12% stake it does not already own in Bosnian insurance company Triglav Osiguranje [SAJ:BHOSR] has failed, the latter said on Tuesday.






STATISTICS: BOSNIA, 3Q: 8% y-o-y increase in GWP and a new market leader

Based on the figures released by AZOBIH - Insurance Agency of Bosnia and Herzegovina, at the end of September 2016 the aggregate value of GWP by the 27 insurers active in Republika Srpska and Federation of Bosnia and Herzegovina - the two administrative entities of the country, was of EUR 245.2 million, or 7.9% more y-o-y, while the value of claims paid was down by 5.2% y-o-y, to EUR 90.9 million.

STATISTICS: BOSNIA, 1H2016: Motor lines generate about 80% of the non-life insurer's expenses for claims

The aggregate GWP value generated by the Bosnian insurers was up by 7.86% y-o-y to BAM 316.90 million (EUR 162.03 million) in the first half of 2016, according to the figures provided by the two market authorities (NADOS - Insurance Supervisory Agency of FBiH and AZORS - Insurance Agency of RS). About 71% of total GWP were made by the 12 insurance companies which are registered in the FBiH (or EUR 115 million) the remaining 29% (EUR 47 million) being reported by the 13 RS insurers.