The figures published on AZOBIH website reveal that GWP by insurers from the Federation accounted for EUR 172.9 million (70.5% of total) or 7.7% more y-o-y, while the RS insurance market generated the remaining rest of EUR 72.3 million (up by 8.5% y-o-y).
At the same time, the aggregate figures reveal that the GWP portfolio consisted of about 19.3% - life insurance, the equivalent of EUR 47.5 million, of which EUR 40.4 million - generated by FBiH life insurers and about EUR 7.1 million - by RS life insurers.
From the non-life subclasses, 9.2% of GWP corresponded to the property lines and 59.6% to motor insurance (Motor Hull and MTPL, summed) - the equivalent of EUR 146.2 million.
According to the presented figures, per insurance companies, UNIQA osiguranje is the new market leader, the mentioned insurer reporting the highest GWP volume: EUR 22.1 million (9% market share).
Top 3 was completed by by the former leader - SARAJEVO osiguranje (EUR 21.9 million, 8.9%) and EUROHERC (EUR 21.1 million, 8.6%).
Access www.xprimm.com and download the 3Q2016 Bosnian insurance market statistics (in EUR and BAM).
Aggregate BiH insurance market indicators (FBiH and RS insurance markets, summed):
- Market portfolio (in EUR and BAM)
- Life and non-life market rankings (GWP/ Claims/ Market shares/ Growth rates)
- Market portfolio (in EUR and BAM)
- Life and non-life market rankings (GWP/ Claims/ Market shares/ Growth rates)
RS insurance market indicators:
- Market portfolio (in EUR and BAM)
- Life and non-life market rankings (GWP/ Claims/ Market shares/ Growth rates)
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