STATISTICS: CROATIAN 3Q2016 market remained at previous year's level

Croatian insurers posted an aggregate GWP of HRK 6.74 billion (about EUR 900 million) in the first nine months of 2016, up by 0.3% y-o-y, according to the preliminary statistics published on Croatian Insurance Bureau - CIB website. Non-life GWP increased by 1% y-o-y to HRK 4.6 billion, while the life insurance segment totaled HRK 2.1 billion, or 1.2% less y-o-y.

At the same time, the aggregate value of paid claims by the 23 active insurers members of CIB was HRK 3.4 billion, or 6.1% more y-o-y.

On the life segment, CROATIA Osiguranje was the market leader (18.7% market share), followed by ALLIANZ Zagreb (18.4%) and WIENER VIG (9.3%).

CROATIA Osiguranje led the non-life ranking (almost 31.5% of the market share), followed by EUROHERC Osiguranje - (13.3%) and ALLIANZ Zagreb (10.1%).

Access www.xprimm.com and download the 3Q2016 Croatian insurance market statistics.

Market portfolio (in EUR and HRK):
  • Gross written premiums
  • Paid claims
  • Growth rates
Market rankings (GWP/Market shares/Growth rates - in EUR and HRK):
  • Overall market
  • Life insurance
  • Non-life insurance

Follow XPRIMM Publications on LinkedIn, for more data on the insurance and financial industry.

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