Croatia

Location:
Southeastern Europe, bordering the Adriatic Sea, between Bosnia and Herzegovina and Slovenia

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

Natural hazards:
destructive earthquakes


Currency: Kuna

1 EUR = 7.661471 Kuna - HRK (December 31st, 2014)
1 EUR = 7.637643 Kuna - HRK (December 31st, 2013)
1 EUR = 7.545624 Kuna - HRK (December 31st, 2012)
1 EUR = 7.530420 Kuna - HRK (December 31st, 2011)
1 EUR = 7.385173 Kuna - HRK (December 31st, 2010)

Sources:
Croatian Financial Services Supervisory Agency (HANFA)
Croatian Insurance Bureau
Croatian National Bank

Insurance statistics

1H2017Market portfolioxlsx
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3Q2016Market Portfolioxlsx
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1H2016Market portfolioxlsx
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3Q2015
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FY2014
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3Q2014Market Portfolioxlsx
3Q2014
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1H2014Insurance market overview pdf
1H2014Market portfolioxlsx
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1Q2014Market Portfolioxlsx
1Q2014Insurance Companies Rankingsxlsx
FY2013Insurance market overview pdf
FY2013
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3Q2013Insurance Companies Rankingsxlsx
3Q2013Market Portfolioxlsx
1H2013Insurance market overview pdf
1H2013Market Portfolioxlsx
1H2013Insurance Companies Rankingsxlsx
1Q2013Insurance Companies Rankingsxlsx
1Q2013Market Portfolioxlsx
FY2012Insurance market overview pdf
FY2012
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FY2012
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3Q2012Market Portfolioxlsx
3Q2012Insurance Companies Rankingsxlsx
1H2012Insurance market overview pdf
1H2012Market Portfolioxlsx
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1Q2012Market Portfolioxlsx
1Q2012Insurance Companies Rankingsxlsx
FY2011Insurance market overview pdf
FY2011Market portfolioxlsx
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3Q2011Market Portfolioxlsx
3Q2011Insurance Companies Rankingsxlsx
1H2011Insurance market overviewpdf
1H2011Market portfolio and rankingsxlsx
2010
Insurance market overviewpdf
2010Market portfolio and rankingsxlsx
1H2009
Croatian insurance market overviewpdf
1H2009 Market portfolio xls
1H2009 Life insurance rankingsxls
1H2009
Non-Life insurance rankings xls
2009Croatian insurance market overview pdf
2009Market portfolioxls
2009Life insurance rankingsxls
2009Non-Life insurance rankingsxls
1H2010Croatian insurance market overviewpdf
1H2010Market portfolioxls
1H2010Life insurance rankingsxls
1H2010Non-Life insurance rankingsxls


1H2017 Market portfolio

1H2017 Insurance companies rankings

UNIQA completes acquisition of Baloise's subsidiaries in Croatia and Serbia

UNIQA Insurance Group AG (UNIQA) completed the acquisitions in full of the Croatian and Serbian insurance operations of the Swiss Baloise Group on March 11. The relevant agreements were closed following approval by all of the Austrian, Croatian and Serbian authorities involved. The agreement on the acquisition of Baloise's subsidiaries in Croatia and Serbia by UNIQA was signed in October 2013. The price for the acquisition is 75 million euros.

CROATIA FY2013: Tied score in the 2013/2012 match

The 2013 results of the Croatian insurance market show a 0.4% growth in GWP, when denominated in local currency, but a 0.8% decrease in euro, reflecting, in fact, a stagnant status of the insurance business. Total GWP amounted to aprox. EUR 1.2 billion, with a 28% share of life insurance premiums.

CROATIA selects binding offer of the Rovinj-based Adris Grupa

The Croatian government on Wednesday selected the binding offer of the Rovinj-based Adris Grupa for the acquisition of a portion in the Croatia Osiguranje insurer, as it offered 905 million kuna for 39.05% of the ordinary stock in the insurance company, which means EUR 970.45 per share.

CROATIAN insurers 3Q2013 GWP up 1.0%

Croatian insurance market totaled HRK 6.9 billion (EUR 910 million) in the first nine months of 2013, up 0.96% from a year earlier, according to the financial figures published by the Croatian Insurance Bureau. As in previous reporting periods, the market leaders were CROATIA Osiguranje with a 30.5% market share, followed by ALLIANZ Zagreb with 13.2% and EUROHERC (10.2%).

OTP in bid for privatized Croatian bank

Hungary's biggest lender OTP is among the companies looking to bid in the privatization of Croatia-based Hrvatska Postanska Banka and national insurance company Croatia Osiguranje, Croatia's post bank and insurance company.

CROATIA 1H2013: life insurance gives the upward trend of the market

The first half of 2013 ended for the Croatian insurers with a total GWP premium fairly equal to the one recorded in 1H2012, of HRK 4.9 billion (0.35% up y-o-y). Denominated in European currency, due to a minor appreciation of the Croatian Kuna, the figures show a slightly better image, with a nominal y-o-y growth rate of 1.14%, to EUR 659.5 million. The life insurance segment deserves all the credit for this positive trend, showing a 5.9% growth in local currency, while GWP for the non-life business lines decreased by 1.4%.

CROATIA: VIG, AIG, Ergo file expressions of interest for stake in CO

A total of seven companies, including Vienna Insurance Group (VIG), American International Group (AIG) and German insurer Ergo Versicherungsgruppe AG, filed expressions of interest for a stake in Croatia Osiguranje [ZSE:CROS-R-A], Zagreb-based media reported on Tuesday.

CROATIA: CO raising stake in Slovenian insurance company

Croatia's Croatia Osiguranje (CO) insurance company is continuing to increase its share in Slovenia's Pozavarovalnica Sava, planning to acquire a controlling interest, Ljubljana's Dnevnik daily said on Wednesday.