February 13 (SeeNews) - The gross written premiums (GWPs) of insurance companies operating in Bosnia and Herzegovina’s Federation rose 11.9% year-on-year to 53.9 million marka ($29.5 million/27.6 million euro) in January, official data showed on Monday.
Non-life insurance premiums increased 12.8% on the year to 42.4 million marka in the month under review, while life insurance premiums went up 8.8% to nearly 11.5 million marka, according to figures posted on the website of the Federation’s insurance supervision agency.
Sarajevo Osiguranje was the top insurer in the non-life segment with GWPs of 6.2 million marka in January, up from 5.4 million marka in the same month a year earlier. It was followed by Adriatic Osiguranje and ASA Osiguranje, with premiums of 5.8 million marka and 5.7 million marka, respectively.
In the life insurance segment, Sarajevo-based Grawe Osiguranje ranked first with 3.2 million marka in premiums in January 2023, up from 3.1 million marka in January 2022. It was followed by Vienna Osiguranje and Uniqa Osiguranje, with life premiums of 2.7 million marka and 2.4 million marka, respectively.
At the end of January, 19 insurance companies operated in Bosnia’s Federation.
The Federation and the Serb Republic are two autonomous entities that form Bosnia and Herzegovina.
(1 euro = 1.95583 marka)
ASA Osiguranje d.d. Sarajevo is among the biggest insurers in SEE. You can download our SEE Top 100 ranking here
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