In May 2022, total GWPs increased by 4.8%. Non-life insurance increased by 6%, while Life insurance increased by 1.6% YoY.

The Slovenian Insurance Association has published a monthly report on the changes recorded by the Slovenian insurance sector in May 2022. During the month, total GWPs increased by 4.8% (or EUR 56.5m) YoY and amounted to EUR 1.24bn. The increase is even more significant on an MoM basis, with a growth of EUR 241.7m (or 24.1%).

The growth was driven by both an increase in Non-life and Life GWPs. Non-life GWPs increased by 6% YoY (or EUR 51.2m), while on an MoM basis, they grew by EUR 172.1m (or 23.4%). This would mean that currently, Non-life insurance GWPs stand at EUR 907.2m, which would also mean that Non-life insurance accounts for 73% of the total GWPs.

Breaking the segment down further, on an MoM basis, significant increases were recorded by Health insurance, which grew by EUR 55.6m (or 24.5%), Land motor vehicles insurance, which increased by EUR 33.2m (or 24.6%), Motor vehicle liability insurance, which increased by EUR 25.2m (or 23.8%), and other damage to property insurance, which increased by EUR 18.8m (or 23.2%). Considering that the pre-summer season already started in May, and Slovenian tourists use cars as a mode of transport (and Croatia is the primary destination they visit), an increase in car-related insurance is expected.

Moving on to the Life insurance segment, it grew by EUR 5.27m (or 1.6%) YoY, while on an MoM basis, it increased by EUR 69.6m (or 26.1%), amounting to EUR 335.8m at the end of May, accounting for the remaining 27% of the total GWPs. Inside the segment, Unit-linked life insurance increased by EUR 12.9m (or 10.9%) YoY and EUR 28.8m (or 28%) MoM. At the same time, Life assurance decreased by EUR 3.25m (or -2.5%) YoY, but on an MoM basis, recorded growth of EUR 28.8m (or 28%).

Changes recorded by the Slovenian insurance sector in 5M2022 (YoY, EUR)

In June 2022, BELEX15 increased by 1.05%, ending the month at 839.62 points.

Belex (Belgrade Stock Exchange) has published the monthly report on the trading activity in June 2022. According to the report, the total equity turnover amounted to EUR 3.4m, a decrease of more than 19x MoM (May 2022: EUR 64.4m), translating into an average daily turnover of EUR 152.4k.

Looking over to the companies, the most traded company on the exchange was Dunav osiguranje, with a turnover of EUR 1.5m, which also grew by 11.6% during the month. Next up, we have Goša montaža, with a turnover of EUR 883.2k, which also represents an increase of 24.1% MoM. Following them, we have NIS with a turnover of EUR 266.8k, Tehnopromet, with a turnover of EUR 180.7k, and Aerodrom Nikola Tesla, with a turnover of EUR 115.4k.

Meanwhile, the top gainers during the month were Institut za ispitivanje materijala, with an increase of 50% MoM, Jugoprevoz Kruševac, with an increase of 35%, and Tigar, with a growth of 25%. On the other hand, Progres lost 46.2% of its value, Poljoprivredna stručna služba Subotica lost 43.8%, while Lasta lost 20% of its value.

The main index on the Belgrade Stock Exchange, BELEX15, grew by 1.05% during the month and ended June at 839,62 points.