Croatian insurance market - down by 0.7% in the first four months of 2011
The gross underwritten premiums of the 26 operating companies on the Croatian market, during January - April of 2011, went down by 0.7%, to EUR 447.40 million, in comparison with the same period of 2010 (EUR 450.70 million). Altogether, paid claims by the insurance companies accounted for EUR 195.99 million, 2.5% more when comparing to the results of the first four months belonging to 2010, when the level of indemnities was EUR 191.06 million, according to the official data published by the Insurance Bureau of Croatia (HUO).
Focusing on insurance classes, the underwritings on non - life segment fell by 0.6%, down to EUR 345.09 million. Life insurance went down by 1.3%, underwritings reaching EUR 102.31 million.
According to the data presented by the Insurance Bureau of Croatia (HUO), the market leader remains still CROATIA OSIGURANJE with a market share of 36.41%, followed by ALLIANZ ZAGREB - 11.13% and EUROHERC (9.41%).
The gross underwritten premiums of the 26 operating companies on the Croatian market, during January - April of 2011, went down by 0.7%, to EUR 447.40 million, in comparison with the same period of 2010 (EUR 450.70 million). Altogether, paid claims by the insurance companies accounted for EUR 195.99 million, 2.5% more when comparing to the results of the first four months belonging to 2010, when the level of indemnities was EUR 191.06 million, according to the official data published by the Insurance Bureau of Croatia (HUO). 
