Croatian Financial Services Supervisory Agency publishes June report, MPF assets rise to EUR 28.7bn and UCITS assets to EUR 4.7bn

The Croatian Financial Services Supervisory Agency published its June 2026 monthly report on supervised entities, showing broad asset growth across pension and investment funds alongside higher insurance activity and firmer capital market indicators. Mandatory pension funds' net assets rose 1.6% from the previous month to EUR 28.7bn, supported by positive monthly Mirex returns across all categories, while UCITS net assets increased 10.6% to EUR 4.7bn on positive net subscriptions of EUR 399.8m. In insurance, gross written premium reached EUR 1.1bn in the first half of 2026, up 6.7% from a year earlier, and the Zagreb Stock Exchange reported EUR 95.3m in June turnover with the main CROBEX index up 6.0% on the month. Within second-pillar pensions, mandatory funds had 2,413,050 members at the end of June, with category B accounting for 73.73% of members, and received EUR 171.5m in net contributions against EUR 80.4m in payments from closed personal accounts. Their portfolios remained bond-heavy, with bonds at 55.2% of assets and equities at 26.1%, though the equity share increased slightly month on month. Third-pillar voluntary pension funds also expanded, with open-ended funds reaching 459,871 members and closed-ended funds 51,919, while net assets stood at EUR 1.8bn after a EUR 39.5m monthly increase. In insurance, non-life business continued to dominate both premiums and claims, led by motor vehicle liability and road vehicle insurance. In UCITS, inflows were concentrated in funds classified as other, equity funds and money market funds, while bond funds were the only category with net outflows, and all UCITS categories posted positive monthly asset-weighted returns.