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Croatian insurers' premiums paid up 9.8% y/y in Jan-Apr

May 23, 2024, 8:30:42 PMArticle by Annie Tsoneva
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May 23 (SeeNews) - Croatia-based insurers reported overall premiums paid of 607.4 million euro ($657 million) in the first four months of this year, up from 553.3 million euro in the same period of 2023, official data showed on Thursday.

Croatian insurers' premiums paid up 9.8% y/y in Jan-Apr
Croatia Osiguranje. Source: Croatia Osiguranje

Non-life premiums reached 503 million euro in the January-April period, up 11.45% on the year, Croatia's financial regulator, Hanfa, said in a monthly data release.

Life premiums rose 2.34% to 104.4 million euro.

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

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

($ = 0.924 euro)

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