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Croatian Insurers' Jan-Aug Premium Income Falls 1.6% Y/Y

Sep 17, 2009, 5:20:01 PMArticle by Kire Nedelkovski
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The insurance companies operating in Croatia reported a combined premium income of 6.561 billion kuna ($1.3 billion/905 million euro) in the first eight months of 2009, down from 6.669 billion kuna a year earlier, the country's financial watchdog said on Thursday.

Croatian Insurers' Jan-Aug Premium Income Falls 1.6% Y/Y

Non-life insurance premiums totalled 4.998 billion kuna through August and life insurance premiums accounted for the remainder, the Financial Services Supervision Agency said on its website.

The Croatian insurers reported a combined premium income of 9.67 billion kuna for 2008, up from 9.05 billion kuna for the previous year.

Twenty-seven insurers operate in the Adriatic country of 4.4 million people.

(1 euro = 7.2948 Croatian kuna)

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