Wednesday, 29 May 2013

Croatia Insurance Report Q3 2013

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Croatia Insurance Report Q3 2013
May 29th 2013, 00:00

As of early 2013, the general condition of Croatia''s insurance sector is similar to what it was a year ago. Thenon-life segment is fairly mature, competitive and constrained by the patchy economy. Life insurancepremiums are growing - at low single-digit rates - although the risk aversion of Croatia''s investors andsavers has reduced the popularity of unit-linked products. The government appears to be moving towardsthe sale of all or part of its 51% stake in market leader CROATIA Osiguranje.As of early 2013, the situation and short-term prospects of Croatia''s insurance sector remain fairlyuninspiring. Official data suggests that non-life insurance premiums contracted...

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