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Croatian Insurers' Jan-Sept Premium Income Falls 2.0%

Oct 15, 2009, 3:59:21 PMArticle by Kire Nedelkovski
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The insurance companies operating in Croatia reported a combined premium income of 7.232 billion kuna ($1.5 billion/1.0 billion euro) in the first nine months of 2009, down from 7.38 billion kuna a year earlier, the country's financial watchdog said on Thursday.

Croatian Insurers' Jan-Sept Premium Income Falls 2.0%

Non-life insurance premiums totalled 5.484 billion kuna through September 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 in 2007.

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

(1 euro = 7.253 Croatian kuna)

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