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NEWS ALERT
January 25th, 2012
 
 
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NEWS ALERT
CEE 3Q2011: Currency depreciation pushed the regional growth rate "in red"
We are finally looking to the "big CEE picture" for 3Q2011. Denominated in European currency, the total figures show a decrease of 0.7% in written premiums, to EUR 24.72 billion. Beside the obvious market shrinking registered in Croatia, Hungary and Romania, most of the negative regional trend came from the significant depreciation of the national currencies in countries as Poland and Hungary, which affected the results' conversion in Euro. A rough estimate shows that the weighted nominal growth of the CEE insurance market - calculated in local currencies - stood at about 4.28%.

Access www.xprimm.com and download the 3Q2011 CEE insurance market statistics.

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SLOVAKIA, 3Q2011: Market grows by 2.8% y-o-y
Slovak insurance market grew by 2.8% y-o-y in 3Q2011 in terms of gross written premiums, the Slovak Insurance Association (SLASPO) reported. During the analyzed period, 24 SLASPO members operated in the profile market. These companies showed a total insurance premium of EUR 1.6 billion.

Access www.xprimm.com and download the 3Q2011 Slovak insurance market statistics.

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