Slovenia

Location:
Central Europe, eastern Alps bordering the Adriatic Sea, between Austria and Croatia

Climate:
Mediterranean climate on the coast, continental climate with mild to hot summers and cold winters in the plateaus and valleys to the east

Natural hazards:
flooding; earthquakes

Currency: EURO

Sources:
Insurance Supervision Agency (ISA)
Slovenian Insurance Association
National Bank of Slovenia

Insurance statistics

1Q2017Market Portfolioxlsx
1Q2017Insurance Companies Rankingsxlsx
FY2016Market Portfolioxlsx
FY2016Insurance Companies Rankingsxlsx
3Q2016Market portfolioxlsx
3Q2016Insurance companies rankingsxlsx
1H2016Market Portfolioxlsx
1H2016Insurance Companies Rankingsxlsx
1Q2016Market portfolioxlsx
FY2015Market Portfolioxlsx
FY2015Insurance Companies Rankingsxlsx
3Q2015Market portfolioxlsx
3Q2015Insurance companies rankingsxlsx
1H2015Market Portfolioxlsx
1H2015Insurance Companies Rankingsxlsx
1Q2015Market portfolioxlsx
1Q2015Insurance companies rankingsxlsx
FY2014Market Portfolioxlsx
FY2014Insurance Companies Rankingsxlsx
3Q2014Market Portfolioxlsx
3Q2014Insurance Companies Rankingsxlsx
1H2014Insurance market overview pdf
1H2014Market Portfolioxlsx
1H2014Insurance Companies Rankingsxlsx
1Q2014Market portfolioxlsx
1Q2014Insurance companies rankingsxlsx
FY2013Insurance market overview pdf
FY2013Market Portfolioxlsx
FY2013Insurance Companies Rankingsxlsx
3Q2013Insurance Companies Rankingsxlsx
3Q2013Market Portfolioxlsx
1H2013Insurance market overview pdf
1H2013Market Portfolioxlsx
1H2013Insurance Companies Rankingsxlsx
1Q2013Market portfolioxlsx
1Q2013Insurance companies rankingsxlsx
FY2012Insurance market overview pdf
FY2012Market Portfolioxlsx
FY2012Insurance Companies Rankingsxlsx
3Q2012Insurance Companies Rankingsxlsx
3Q2012Market Portfolioxlsx
1H2012Insurance market overview pdf
1H2012Market portfolioxlsx
1H2012Insurance companies rankingsxlsx
1Q2012Market portfolioxlsx
1Q2012Insurance companies rankingsxlsx
FY2011Insurance market overview pdf
FY2011Market Portfolioxlsx
FY2011Insurance Companies Rankingsxlsx
3Q2011Market Portfolioxlsx
3Q2011Insurance Companies Rankingsxlsx
1H2011Insurance market overviewpdf
1H2011Market portfolio and rankingsxlsx
2010
Insurance market overviewpdf
2010Market portfolio and rankingsxlsx
1H2009
Slovenian insurance market overviewpdf
1H2009Market portfolio and rankingsxlsx
2009Slovenian insurance market overview pdf
2009Market portfolioxls
2009Life insurance rankingsxls
2009Non-Life insurance rankingsxls
1H2010Slovenian insurance market overviewpdf
1H2010Market portfolioxls
1H2010Life insurance rankingsxls
1H2010Non-Life insurance rankingsxls

1Q2017 Market Portfolio

1Q2017 Insurance Companies Rankings

STATISTICS: SLOVENIA, 3Q2014: aggressive price competition on the MTPL line pushed market in negative territory

The Slovenian insurance market saw a 2.8% y-o-y decrease in GWP at the end of the first three quarters of 2014, to about EUR 1.5 billion. Although the strongest relative decrease rate was recorded on the life insurance side (-4.99%), in fact both life and non-life insurance sectors have lost about EUR 20 million of their total GWP amounts, as compared with 3Q2013.

SLOVENIA: Insurance tax up in 2015 by 2pp

The Slovenian Finance Ministry has published a proposal for changes to the acts on the financial services tax and the insurance contracts tax, providing for a raise for both taxes from 6.5% to 8.5%, Slovenian Times reports. The higher rates are to enter into force with the start of 2015.

SLOVENIA: A.M. Best Affirms the Ratings of Pozavarovalnica SAVA

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of Pozavarovalnica Sava d.d. (Sava Re) (Slovenia), the operating holding company of the Sava Re group. The outlook for both ratings is stable. The ratings of Sava Re reflect its strong consolidated risk-adjusted capitalisation, good operating performance and strengthened business profile in the Slovenian insurance market. A partly offsetting rating factor is Sava Re's exposure to the challenging operating market conditions in Slovenia.

SLOVENIAN life insurance segment has a lower penetration than other EU members

Life Insurance in Slovenia, Key Trends and Opportunities to 2017 by Timetric states that "the Slovenian life insurance segment declined at a compound annual growth rate (CAGR) of -1.8% during the review period (2008-2012). This was primarily due to the banking crisis which, by the end of 2012, resulted in recession for Slovenia. However, increased investment in fixed capital creation and a recovery in private consumption managed to bring Slovenia out of recession by the end of 2013. Over the forecast period (2012-2017), the life insurance segment is projected to post a CAGR of 4.2% as the demand for traditional life insurance products, such as term life and annuities, is expected to grow. In addition, the new pension law and the amendments made to the prevalent insurance law in 2013 are further expected to support the segment's growth.