Croatia

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Location map
author: OCHA/ ReliefWeb


Location:
- Southeastern Europe, bordering the Adriatic Sea;
- Neighbours: Slovenia, Hungary, Serbia, Bosnia and Herzegovina, Montenegro.

Climate:
- Mediterranean and continental;
- continental climate predominant with hot summers and cold winters;
- mild winters, dry summers along coast.

Natural hazards:
- destructive earthquakes.

Macro indicators
* 2018 estimates
Surface:56,594km2
Population*:4.1million
Pop. density*:72.4people/km2
GDP*:51.4EUR billion
GDP/capita*:12,541.8EUR

European Union:
EU member, since 2013

Currency: Kuna
Code: HRK
Since: 1994


Insurance market portfolio
* 2018 estimates
TOTAL LIFE*:32%
TOTAL NON-LIFE*:68%
Overall Property*:14%
Overall Motor*:33%


Sources:




 









STATISTICS: CROATIA, 1H2024: ranking change in the life insurance sector

The 14 insurance companies operating on the Croatian insurance market in 1H2024 have collected premium worth EUR 953.3 million, of which EUR 175.5 million (18.5%) for life insurance and EUR 776.8 million (81.5 %) for the non-life insurance lines, data provided by the market authority (HANFA) show.




Crotian Insurance brokers’ association joined BIPAR

The Insurance and Reinsurance Distributors Association of the Croatian Chamber of Commerce (HGK) has become a member of BIPAR (European Federation of Insurance and Financial Intermediaries), osiguranje.hr informed.


STATISTICS: Croatia insurance market totaled EUR 452 million at the end of Q1 2024

According to the “Overview of supervised entities’ activities in the financial services sector for March 2024” published by the Croatian Financial Services Supervisory Agency (HANFA), the total gross written premium collected by the 14 insurance companies operating on the market in the first three months of 2024 amounted to EUR 451.9 million, of which EUR 77.7 million (17.2%) related to life insurance premium and EUR 374.2 million (82.8%) to non-life insurance premium.