Montenegro

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Location map
author: OCHA/ ReliefWeb


Location:
- Southeastern Europe, bordering the Adriatic Sea;
- Neighbours: Albania, Croatia, Bosnia and Herzegovina, Serbia, Kosovo.

Climate:
- Mediterranean climate, hot dry summers and autumns and relatively cold winters with heavy snowfalls inland.

Natural hazards:
- destructive earthquakes.

Macro indicators
* 2018 estimates
Surface:13,812km2
Population*:0.6million
Pop. density*:44.9people/km2
GDP*:4.6EUR billion
GDP/capita*:7,323.0EUR

European Union:
Official candidate

Currency: Euro
Code: EUR
- unilaterally adopted currency


Insurance market portfolio
* 2018 estimates
TOTAL LIFE*:18%
TOTAL NON-LIFE*:82%
Overall Property*:12%
Overall Motor*:50%


Sources:





 


Statistics

Montenegro FY2019 Market Portfolio

Montenegro FY2019 Insurance Companies Rankings


See all statistics

Latest news







STATISTICS: MONTENEGRO, 2008-2017: life insurance GWP increased by 95.5%

In 10 years, between 2008 and 2017, the insurance market in Montenegro grew by EUR 21.2 million (+35.0%) in terms of gross written premiums (GWP). More than half of the market was represented by motor insurance classes. Life insurance maintained a positive trend the whole decade.















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