The Croatian Financial Services Supervisory Agency published its February 2025 monthly statistics for pension funds, insurers, the Zagreb Stock Exchange and investment funds. The figures point to continued growth in pension and UCITS assets alongside weaker equity market activity, while insurance premium growth in early 2025 was driven by non-life business. Second pillar mandatory pension funds (MPFs) had 2,344,224 members at end-February, up 0.21% month on month, with category B funds accounting for 77.1% of members; of 6,018 new members, 97.5% were automatically assigned by Regos. Net contributions paid in February totalled EUR 135.4m and payments due to personal account closures EUR 27.4m, while MPF net assets rose 0.6% to EUR 24.0bn; nominal monthly Mirex returns were 0.23% (A), 0.19% (B) and 0.39% (C), with annual Mirex returns of 14.46%, 10.24% and 3.98% respectively. Third pillar voluntary pension funds saw open-ended voluntary pension fund (OVPF) membership rise to 421,130 (+0.5% m/m) and closed-ended voluntary pension fund (CVPF) membership to 49,726 (+0.2% m/m); February payments to voluntary pension funds (VPFs) were EUR 11.5m and payments from funds EUR 6.4m, while net assets increased 0.3% to EUR 1.49bn. In insurance, 14 companies operated in the market, with premiums collected in the first two months of 2025 at EUR 312.2m (+8.8% year on year), comprising EUR 48.2m in life premiums (-1.1%) and EUR 264.0m in non-life premiums (+10.8%); claims settled totalled EUR 191.7m (-12.9%). On the capital market, Zagreb Stock Exchange turnover in February was EUR 43.7m (-40.4% m/m) and market capitalisation EUR 50.0bn (-5.0% m/m), with CROBEX down 4.2% and KONÄŒAR d.d. the most traded stock (EUR 6.4m turnover). UCITS net assets increased 2.2% to EUR 3.4bn on positive net payments of EUR 89.8m, while net assets of the Fund for Croatian Homeland War Veterans and Members of their Families fell 2.4% to EUR 227.2m.
Croatian Financial Services Supervisory Agency 2025-03-21
Croatian Financial Services Supervisory Agency publishes February 2025 statistics showing MPF assets at EUR 24.0bn and Zagreb Stock Exchange turnover down 40.4%
The Croatian Financial Services Supervisory Agency's February 2025 statistics show growth in pension and UCITS assets, despite weaker equity market activity. Insurance premiums rose 8.8% year-on-year, driven by non-life business, while the Zagreb Stock Exchange saw a 40.4% decline in turnover. Second pillar mandatory pension funds reported a 0.6% increase in net assets to EUR 24.0bn, with nominal monthly Mirex returns varying across categories.