Reinsurance in Croatia, Key Trends and Opportunities to 2020

Synopsis
Timetric's 'Reinsurance in Croatia, Key Trends and Opportunities to 2020' report provides detailed analysis of the trends, drivers and challenges in the Croatian reinsurance segment. It provides values for key performance indicators such as written premium, reinsurance ceded and reinsurance accepted during the review period (2011-2015) and forecast period (2015-2020).

The report also analyses information pertaining to the competitive landscape in the country, gives a comprehensive overview of the Croatian economy and demographics, and provides detailed analysis of natural hazards and their impact on the Croatian insurance industry. 

The report brings together Timetric's research, modeling and analysis expertise to enable reinsurers to identify segment dynamics and competitive advantages, and access profiles of reinsurers operating in the country.

Summary

Timetric's 'Reinsurance in Croatia, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Croatian reinsurance segment, including:

• The Croatian reinsurance segment's growth prospects by reinsurance ceded from direct insurance

• A comprehensive overview of the Croatian economy and demographics 

• Detailed analysis of natural hazards and their impact on the Croatian insurance industry

• The competitive landscape in the Croatian reinsurance segment

Scope

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

• It provides historical values for the Croatian reinsurance segment for the report's 2011-2015 review period, and projected figures for the 2015-2020 forecast period.

• It offers a detailed analysis of the key categories in the Croatian reinsurance segment, and market forecasts to 2020.

• It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Croatia, and the reinsurance segment's growth prospects.

Reasons To Buy

• Make strategic business decisions using in-depth historic and forecast market data related to the Croatian reinsurance segment, and each category within it.

• Understand the demand-side dynamics, key market trends and growth opportunities in the Croatian reinsurance segment.

• Identify growth opportunities and market dynamics in key product categories.

• Gain insights into key regulations governing the Croatian insurance industry, and their impact on companies and the industry's future.

Key Highlights

• On April 6, 2017, Croatia Osiguranje, the leading insurer in Croatia, acquired domestic reinsurer Croatia Lloyd. Croatia Osiguranje is expanding its business in the reinsurance segment in Croatia, Macedonia, Bosnia and Herzegovina, Serbia and Slovenia.

• On April 5, 2017, the European Insurance and Occupational Pensions Authority (EIOPA) announced a proposal to reduce the Ultimate Forward Rate (UFR) from January 2018.

• On April 21, 2016, the Croatian Agency for Supervision of Financial Services (HANFA) implemented new regulations on reporting requirements for insurance and reinsurance companies.