Insurance market reports are produced following a country visit with interviews with professionals working in the sector with systematic updates to information throughout the cycle. Covering market developments, macroeconomic factors and comprehensive details of the regulatory environment including relevant taxation as well as market indicators and company statistics.
Axco’s Slovenia Non-Life Insurance Market Report (P&C) also comprises a detailed analysis of lines of business and sub-classes such as natural hazards, property, construction and machinery breakdown, motor, workers compensation & employers’ liability and liability.
The Life & Benefits Report for Slovenia includes detail on social security, healthcare, individual life assurance and pensions information as well as market statistics and life company statistics
Real GDP growth (%)
Insurance Penetration (%)
Slovenia is a small south-central European country at the head of the Adriatic Sea. The country occupies the southern foothills of the Alps and is almost entirely hilly or mountainous. The country joined the EU in 2004 and adopted the euro in 2007.
In 2018 Slovenia was the world's 57th largest non-life market (excluding PA and healthcare). Non-life premium income was EUR 1.76bn, of which EUR 612.04mn was in respect of voluntary health. This is a supplement to the state health insurance system rather than a commercial insurance line. in 2019 non-life insurance penetration (excluding PA and voluntary health) was 2.11% of GDP.
The Slovenian non-life market consists of nine locally supervised companies and six "freedom of establishment" branches which are supervised elsewhere in the EU. The market is dominated by Triglav, which wrote 27.2% of premiums in 2019. Foreign insurers, which mainly derive from neighbouring Austria, had a combined market share of 24.2%. There are two domestic reinsurance companies.