STATISTICS: GWP of MACEDONIAN insurers up by more than 10% in Q1
On the main insurance classes, life segment accounted for 9.2% of total market (EUR 3.20 million, up by 19.8% y-o-y), the rest being generated by non-life sub-classes: EUR 31.65 million, or 9.3% more y-o-y).
The non-life GWP portfolio consisted of about 43% - motor insurance (of which 34% - MTPL), 30% - property classes (of which about 23% - other damages to property insurance), 9.5% - accidents, 3.1% - GTPL, the remaining 5% being accounted by other non-life policies.
On insurance companies, of all four life insurers, the market leader was GRAWE (~44.5% market share), followed by CROATIA (41.3%), WINNER (8.9%) and UNIQA (5.3%). The market leader in non-life insurance was EUROLINK (18.1% market share), followed by TRIGLAV (16.4%) and WINNER (11.8%).
Access www.xprimm.com and download the 1Q2015 Macedonian insurance market statistics.
Market portfolio (in MKD and EUR):
- Gross written premiums
- Paid claims
- Growth rates
- Life insurance
- Non-life insurance