STATISTICS: BOSNIA, FY2017: The share of RS insurers exceeds 30%
The GWP portfolio consisted of about 20.38% - life insurance, the equivalent of EUR 71.20 million, of which EUR 59.33 million - generated by FBiH life insurers and about EUR 11.86 million - by RS life insurers.
From the non-life subclasses, 8.22% of GWP corresponded to the property lines and 58.92% to motor insurance (Motor Hull and MTPL, summed) - the equivalent of EUR 205.83 million.
Overall, the value of GWP of the 13 companies operating in the Federation of Bosnia and Herzegovina increased by 6.45% to EUR 243.04 million. At the same time, in Republika Srpska, the 14 insurance companies generated about EUR 106.29 million, up by 10.94% y-o-y.
According to the presented figures, FBiH based UNIQA osiguranje was the largest insurer in the country, the mentioned company reporting the highest GWP volume: EUR 29.63 million (8.48% market share). Top 3 was completed by other FBiH insurers - the former leader - EUROHERC osiguranje (EUR 28.77 million) and SARAJEVO osiguranje (EUR 28.04 million). The largest RS insurer was WIENER Osiguranje (ranked 8th), a unit of Austrian VIG: GWP of EUR 17.99 million, market share of 5.15%.
Access www.xprimm.com and download the FY2017 Bosnian insurance market statistics (in EUR and BAM).
- Market portfolio (in EUR and BAM)
- Market ranking (GWP/ Claims/ Market shares/ Growth rates)