Croatia Osiguranje Insurer with HRK 204 m Profit in H1

ZAGREB, July 31, 2020 – The Croatia Osiguranje insurance company posted a consolidated net profit of HRK 204 million in the first half of 2020, which was 1.8% down compared to the corresponding period in 2019, the insurer reported on Friday.

The H1 2020 total premium written in the group was HRK 1.87 billion, down by 5.8% on the year.

The share of non-life insurance is 1.59 billion, rising by 0.5%, whereas premium on life insurance dropped by 30.8% to HRK 276 million.

The insurer’s total assets rose by 4.6% since the end of 2019 to HRK 13.4 billion on 30 June 2020.

(€1 = HRK 7.5)

 

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