In November 2019, GWPs rose by 7% compared to last year. GWPs in non-life insurances grew 11.5% YoY, while life insurance decreased -2.6% YoY.

In October 2019, GWP’s rose by 7% compared to the same period last year. The total amount of GWPs collected reached HRK 9.9bn (includes insurers located in Croatia and insurers operating in Croatia but based in another EU country).

Total Croatian T12 GWP and Croatia Osiguranje T12 GWP (HRK bn)

The amount of GWPs in non-life insurances, which traditionally account for the biggest portion, grew 11.5% YoY, amounting to HRK 7bn. Meanwhile, life insurance continued its downward trend as the segment realized a decrease of -2.6% YoY to HRK 2.8bn.

Croatia Osiguranje accounted for 26% of the market, however this number represents a decrease of 2.4 p.p. when compared to November of 2018.