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Jun 12, 2023 13:44 EEST
June 12 (SeeNews) - The gross written premiums (GWPs) of insurance companies operating in Bosnia and Herzegovina’s Federation increased 8.6% year-on-year to 272.7 million marka ($150.3 million/139.4 million euro) in the January-May period, official data showed on Monday.
Non-life insurance premiums increased 10.3% on the year to 214.8 million marka in the January-May period, while life insurance premiums went up 2.6% to 57.9 million marka, according to figures posted on the website of the Federation’s insurance supervision agency.
ASA Central Osiguranje was the top insurer in the non-life segment with gross written premiums of 37 million marka in the first five months, up from 16.7 million marka a year earlier. It was followed by Adriatic Osiguranje and Euroherc Osiguranje, with premiums of 30.8 million marka and 27 million marka, respectively.
In the life insurance segment, Sarajevo-based Vienna Osiguranje ranked first with 13.8 million marka in premiums in January-May, up from 10.5 million marka in the same period of 2022. It was followed by Grawe Osiguranje and Uniqa Osiguranje, with life premiums of 13.5 million marka and 12.3 million marka, respectively.
At the end of May, 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)
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