As of early 2013, the general condition of Croatia’s insurance sector is similar to what it was a year ago. The non-life segment is fairly mature, competitive and constrained by the patchy economy. Life insurance premiums are growing – at low single-digit rates – although the risk aversion of Croatia’s investors and savers has reduced the popularity of unit-linked products. The government appears to be moving towards the sale of all or part of its 51% stake in market leader CROATIA Osiguranje. As of early 2013, the situation and short-term prospects of Croatia’s insurance sector remain fairly uninspiring. Official data …
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