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Croatian insurers' premiums paid up 11.4% y/y in Jan-May

Jun 24, 2024, 6:56:36 PMArticle by Annie Tsoneva
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June 24 (SeeNews) - Croatia-based insurers reported overall premiums paid of 776.7 million euro ($833 million) in the first five months of this year, up from 697.3 million euro in the same period of 2023, official data showed on Monday.

Croatian insurers' premiums paid up 11.4% y/y in Jan-May
Croatia Osiguranje. Source: Croatia Osiguranje

Non-life premiums reached 642.9 million euro in the January-May period, up 12.05% on the year, Croatia's financial regulator, Hanfa, said in a monthly data release.

Life premiums rose 8.31% to 133.8 million euro.

There were 15 insurers registered in the Adriatic country of 3.89 million people at the end of May.

As of the beginning of 2023, Hanfa started publishing figures on premiums paid instead of gross written premiums (GWP).

($ = 0.932 euro)

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