Croatian Financial Services Supervisory Agency reports May 2025 rise in mandatory pension fund assets to EUR 24.3bn and UCITS assets to EUR 3.6bn

The Croatian Financial Services Supervisory Agency published its May 2025 monthly financial sector statistics, showing month-on-month growth in mandatory and voluntary pension fund assets and positive net inflows into UCITS, alongside higher insurance premiums over the first five months of 2025 and lower Zagreb Stock Exchange turnover. Mandatory pension funds (MPFs) ended May with 2,357,350 members, up 2,680 (0.11%) on the month, and net assets of EUR 24.3bn, up EUR 432.3m (1.8%). Net contributions paid in May totalled EUR 143.5m, while payments due to personal account closures reached EUR 52.8m. Monthly nominal Mirex returns were 3.06% for category A, 1.53% for category B and 0.14% for category C, with bonds comprising 57.5% of MPF assets (EUR 14.0bn) and equities 23.3% (EUR 5.7bn). Voluntary pension funds’ net assets rose by EUR 23.1m (1.6%) to EUR 1.49bn, with open-ended voluntary pension fund members at 427,406 and closed-ended voluntary pension fund members at 50,210; May payments into these funds were EUR 9.6m and payments out were EUR 4.4m. In insurance, 14 companies collected EUR 844.0m in premiums in January to May 2025, up 8.7% year on year, while claims settled were EUR 505.0m, down 8.6%. Zagreb Stock Exchange turnover in May was EUR 67.2m, down 15.2% on the month, while market capitalisation rose 1.3% to EUR 52.5bn and the CROBEX index gained 5.0%. UCITS net assets increased by EUR 47.4m (1.3%) to EUR 3.6bn, with net inflows of EUR 63.6m led by money market funds (EUR 40.5m) and equity funds (EUR 20.9m).