Croatia

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Location map
author: OCHA/ ReliefWeb


Location:
- Southeastern Europe, bordering the Adriatic Sea;
- Neighbours: Slovenia, Hungary, Serbia, Bosnia and Herzegovina, Montenegro.

Climate:
- Mediterranean and continental;
- continental climate predominant with hot summers and cold winters;
- mild winters, dry summers along coast.

Natural hazards:
- destructive earthquakes.

Macro indicators
* 2018 estimates
Surface:56,594km2
Population*:4.1million
Pop. density*:72.4people/km2
GDP*:51.4EUR billion
GDP/capita*:12,541.8EUR

European Union:
EU member, since 2013

Currency: Kuna
Code: HRK
Since: 1994


Insurance market portfolio
* 2018 estimates
TOTAL LIFE*:32%
TOTAL NON-LIFE*:68%
Overall Property*:14%
Overall Motor*:33%


Sources:




 


Statistics

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Croatia FY2023 Market Portfolio

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Croatia 3Q2023 Market Portfolio


See all statistics

Latest news




CROATIA: Amendments to the MTPL Law in preparation stir hot debates

Croatian motor insurers are preparing to face a new Law on compulsory MTPL. Currently the draft Law is going to the process of public debate, which should be completed by June 3rd. After that the amended Law will be submitted to the Government, and then to Parliament and is expected to take effect already in the fall.







STATISTICS: Croatian FY 2022 insurers' business increased by 8% y-o-y

The aggregate FY 2022 GWP reported Croatia-based insurers increased by 8.18% y-o-y, reaching HRK 12.7 billion (EUR 1.68 billion), according to the yea-end data published by the Croatian Insurance Bureau. Total gross claims paid increased to HRK 7.71 billion from HRK 7.29 billion a year earlier.

Croatian Amodo celebrates its 10th anniversary by launching One Product, a state-of-the-Art Insurance Telematics Platform

On the eve of its 10th anniversary, in March, Amodo launched One Product, a state-of-the-Art Insurance Telematics Platform, the company announced. One Product brings perfected Amodo technology based on decade-long R&D activities and the experiences collected running worldwide UBI programs, also including Amodo's proprietary CO2 emission reduction smartphone-based program.






CROATIA: 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.