Non-life Insurance Accounted for 41.8% of the Slovenian Insurance Industry

Date: 2015-09-01

“• Non-life insurance accounted for 41.8% of the Slovenian insurance industry’s gross written premium in 2013. 

• The non-life segment is highly consolidated, with the 10 leading insurers accounting for 99.9% of the written premium in 2013.

• Motor insurance was the leading category in the non-life segment in 2013, accounting for 57.0% of written premium. 

• Falling house prices in the country are expected to encourage consumers and corporate investors to purchase property, driving demand for insurance.

• Insurance agencies contributed 60.9% of the segment’s new business written premium in 2013. 

• Rising unemployment, high corporate debt and banking crisis slowdown the insurance industry expansion.”

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