Slovakia

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Location map
author: OCHA/ ReliefWeb


Location:
- Central Europe;
- Neighbours: Hungary, Austria, Czechia, Poland, Ukraine.

Climate:
- temperate climate;
- cool summers;
- cold, cloudy, humid winters.

Macro indicators
* 2018 estimates
Surface:49,035km2
Population*:5.4million
Pop. density*:110.9people/km2
GDP*:90.2EUR billion
GDP/capita*:16,574.2EUR

European Union:
EU member, since 2004

Currency: Euro
Code: EUR
Since: 2009
- replaced Slovak koruna (SKK)


Insurance market portfolio
* 2018 estimates
TOTAL LIFE*:47%
TOTAL NON-LIFE*:53%
Overall Property*:12%
Overall Motor*:31%


Sources:






 

STATISTICS:  SLOVAKIA, 3Q2025: GWP by SLASPO members increased by almost 7.4% y-o-y

GWP by the Slovak insurers amounted, according to data provided by the SLASPO - Slovak Insurance Association, to EUR 2.4 billion in the first three quarters of 2025, which is by 7.4% more y-o-y.

With GWP of EUR 867.34 million (up by 3.96% y-o-y), life insurance accounts for close to 36% of the total GWP amount, a portfolio share that decreased y-o-y by over 1 percentage point. Growth on the non-life side was 9.42% y-o-y, to GWP of EUR 1.53 billion. The highest contribution to the market growth came from the motor and property insurance lines.

Access xprimm.com and download the Slovak insurance market statistics released by SLASPO and SNB.



















STATISTICS: Slovakia, FY 2022 NBS data: insurers' profits increased by 24% to EUR 195.79 million

At the end of 2022, the Slovak insurance market totaled EUR 1.92 billion, 4.7% more y-o-y, according to the Q4 2022 Analytical Data of the Financial Sector published by the National Bank of Slovakia (NBS). The value of paid claims by local insurers increased by 15.5% y-o-y to EUR 1.18 billion, of which EUR 583.9 million related to life indemnities, EUR 176.9 million - Motor TPL, EUR 183.4 million- MoD and EUR 159.7 million - payments related to property claim files.