The Slovenia Insurance Supervision Agency published an analysis of first data for 2024, showing a sharp fall in both gross written premiums and gross claims paid by insurers headquartered in Slovenia, driven primarily by the abolition of supplementary health insurance and a lower intensity of natural catastrophes versus 2023. Total gross written premiums fell to EUR 2.430bn (down EUR 356m, or 12.8%), while gross claims paid fell to EUR 1.392bn (down EUR 864m, or 38.3%). Health insurance accounted for most of the decline, with gross written premiums dropping to EUR 53m from EUR 642m (down 91.7%) and gross claims paid falling to EUR 30m from EUR 732m (down 95.9%). Home insurance gross claims paid decreased to EUR 192m from EUR 352m (down 45.4%). Offsetting movements included higher motor insurance volumes, with motor own damage premiums rising to EUR 510m from EUR 440m and motor third-party liability premiums increasing to EUR 409m from EUR 345m; motor third-party liability claims also rose to EUR 215m from EUR 183m. In life insurance, unit-linked business increased, with premiums up to EUR 339m from EUR 301m and claims paid up to EUR 201m from EUR 173m, which the Agency linked to life insurers’ business strategies.
Slovenia Insurance Supervision Agency 2025-02-27
Slovenia Insurance Supervision Agency reports 2024 premiums down 12.8% and claims down 38.3% after supplementary health insurance abolition
The Slovenia Insurance Supervision Agency reported a significant decline in gross written premiums and claims paid by Slovenian insurers in 2024, mainly due to the abolition of supplementary health insurance and fewer natural catastrophes. Total gross written premiums fell by 12.8% to EUR 2.430 billion, while gross claims paid decreased by 38.3% to EUR 1.392 billion. Health insurance saw the largest drop, while motor insurance and unit-linked life insurance experienced increases in premiums and claims.