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Dec 20, 2007 16:26 EEST
December 20 (SeeNews) - Croatian insurers reported a combined premium income of 8.226 billion kuna ($1.617 billion/1.127 billion euro) for the first 11 months of 2007, up from 7.465 billion kuna a year earlier, the country's financial watchdog regulator said on Thursday.
Non-life insurance premiums totalled 6.094 billion kuna, while life insurance premiums were 2.132 billion kuna, the Croatian Financial Services Supervision Agency (HANFA) said in a statement. The largest insurer in the country, majority state-owned Croatia Osiguranje, topped the rankings with almost 2.9 billion kuna in premium income generated in the 11 months through November. Allianz Zagreb, a unit of Germany's Allianz Group, ranked second with some 941 million kuna in premium income.
Non-life insurer Euroherc Osiguranje Zagreb, part of the Croatian insurance, car dealership and car leasing services concern Agram, was third with 914 million kuna in premiums.
Twenty-three insurers operate in the Adriatic country of 4.4 million people.
(1 euro= 7.3013 Croatian kuna)
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