Slovenian Life Insurance Segment Recorded A CAGR of -2.9%

Date: 2015-09-01

“• The Slovenian life insurance segment recorded a compound annual growth rate (CAGR) of -2.9% during the review period (2009–2013). 

• The life segment is highly consolidated, with the 10 leading insurers representing 98.9% of the segment’s written premium in 2013. 

• The popularity of endowment policies increased during the review period. The endowment category accounted for 25.3% of the total life gross written premium in 2013.

• The poor performance of unit-linked products was a key factor behind the life segment’s negative growth during the review period.

• Increased life expectancy and pension reform to increase demand for life insurance over the forecast period.”

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