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Jan 11, 2023 16:32 EEST
January 11 (SeeNews) - The gross written premiums (GWPs) of insurance companies operating in Bosnia and Herzegovina’s Federation rose 7.8% year-on-year to 604.3 million marka ($332.7 million/309 million euro) in the 2022, official data showed on Wednesday.
Non-life insurance premiums increased 7.3% on the year to 471.1 million marka in the year under review, while life insurance premiums went up 9.6% to nearly 133.2 million marka, according to figures posted on the website of the Federation’s insurance supervision agency.
Adriatic Osiguranje was the top insurer in the non-life segment with GWPs of 66 million marka in 2022, up from 61.4 million marka a year earlier. It was followed by Euroherc Osiguranje and Sarajevo Osiguranje, with premiums of 60.9 million marka and 58.5 million marka, respectively.
In the life insurance segment, Sarajevo-based Grawe Osiguranje ranked first with 32 million marka in premiums in 2022, up from 30.5 million marka in 2021. It was followed by Vienna Osiguranje and Uniqa Osiguranje, with life premiums of 29.2 million marka and 29.1 million marka, respectively.
At the end of 2022, 20 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)
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