According to cumulative data from the Croatian Insurance Bureau for December 2015, 24 insurance companies charged a total gross premium amounting to 8,723,512,630 kuna, representing an increase of 1.91% compared to the previous year 2014.
In the non-life insurance segment, which accounts for 66.36% of the total premium, the charged gross premium amounts to 5,789,300,610 kuna and is 2.24% lower compared to the same period of the previous year.
The most prevalent type of insurance remains Motor Vehicle Liability Insurance with a charged gross premium of 2,101,596,911 kuna. The gross premium charged in this type of insurance during this period records a decline of 13.67% compared to the same period of the previous year. The share of this type of insurance in the total premium is 24.08% and 36.30% in the charged premium of non-life insurance.
Within Motor Vehicle Liability Insurance, the largest share is held by Mandatory Insurance for owners or users of motor vehicles against automotive liability for damages caused to third parties, with a premium amounting to 2,009,192,634 kuna, which is 14.76% lower compared to the same period of the previous year. A total of 2,023,388 policies were concluded during the twelve months of 2015, which is 53,586 policies (+2.72%) more than in the same period of 2014.
The average premium in Mandatory Insurance for owners or users of motor vehicles against automotive liability for damages caused to third parties amounts to 992.98 kuna and is 17.02% lower compared to the same period of the previous year.
