September 30 (SeeNews) - Croatian non-life insurer Hrvatska Osiguravajuca Kuca (HOK) turned to a net loss of 2.8 million kuna ($363,000/372,000 euro) for the first half of this year, from a net profit of almost 8 million kuna in the same period of last year.
The company's gross written premiums rose 6.09% on the year to 147 million kuna in the first six months of 2022, it said in a filing to the Zagreb bourse on Thursday.
HOK ranked 11th on the local insurance market by premiums as its market share dipped to 2.14% in the first half of 2022 from 2.16% in the same period of last year.
In the segment of non-life insurance, its market share fell to 2.75% from 2.88%. HOK has issued a 17 million kuna fixed-rate bond maturing in December 2025, which is listed on the Zagreb bourse.
(1 euro=7.522 Croatian kuna)
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