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Insurers Collected Gross Premiums of EUR 2.1bn in 2010

Ljubljana, 24 January (STA) - Slovenian insurance companies posted gross written premiums of EUR 2.1bn for 2010, an increase of 1% over the year before. Zavarovalnica Triglav is the market leader, grabbing 34.4% of the market, the Slovenian Insurance Association said Monday.

Non-life insurance accounted for EUR 1.4bn, two-thirds of the total and a drop of 0.4% year-on-year. Life insurance premiums meanwhile rose 4% to EUR 655m.

Top ten insurers by gross written premiums (excluding state-owned KAD pension management fund):

Premiums EUR Market share (%) TRIGLAV 719,864,100 37.1 ADRIATIC SLOVENICA 261,185,325 13.45 ZAVAROVALNICA MARIBOR 259,598,666 13.4 VZAJEMNA (mutual) 238,829,362 12.3 GENERALI 80,687,474 4.15 TILIA 73,784,991 3.8 TRIGLAV ZDRAVSTVENA (health) 72,660,503 3.7 KD ZIVLJENJE 69,961,222 3.6 MERKUR 47,484,556 2.45 GRAWE 34,911,608 1.8

Source: Slovenian Insurance Association

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