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Reinsurance in Croatia, Key Trends and Opportunities to 2017

Croatia reinsurance market: 7% CAGR growth forecast between 2012-2017

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2014-02-12 14:49:01 - Reinsurance in Croatia, Key Trends and Opportunities to 2017 - a new market research report on

The Croatian reinsurance segment registered a CAGR of 2.4% during the review period (2008−2012). This was partly due to the awareness and increased frequency of natural disasters. The primary application of reinsurance in the country is to manage exposure to weather-related events.

Although not a hotspot for natural disasters, Croatia is exposed to droughts, floods, forest fires and snowfalls. This is expected to support the reinsurance segment over the forecast period (2012−2017), as insurance companies look to share a higher proportion of their risk with reinsurers. Consequently, the segment is projected to grow at a CAGR of 6.6% over the forecast period.

Key Highlights

• The Croatian reinsurance segment registered a CAGR of 2.4% during the review period (2008−2012).

• The frequency of natural



disasters encouraged an increasing amount of premium ceded, particularly from the non-life segment.

• The facultative reinsurance category represented a segment share of 65.9% in 2012.

• There was only one licensed reinsurance company (Croatia Lloyd d.d) operating at end of 2011, according to Croatian insurance regulator HANFA.

Report Scope

This report provides a comprehensive analysis of the reinsurance market in Croatia:

• It provides historical values for Croatias reinsurance market for the reports 2008–2012 review period and forecast figures for the 2012–2017 forecast period
• It offers a detailed analysis of the key sub-segments in Croatias reinsurance market, along with market forecasts until 2017
• It provides a detailed analysis of the reinsurance ceded from various direct insurance markets in Croatia and its growth prospects

Reasons to Buy

• Make strategic business decisions using historic and forecast market data related to the Croatian reinsurance market and each sector within it
• Understand the demand-side dynamics, key market trends and growth opportunities within the Croatian reinsurance market
• Identify the growth opportunities and market dynamics within key product categories
• Gain insights into key regulations governing the Croatian insurance market and its impact on companies and the markets future

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