The Slovenia Insurance Supervision Agency published an overview of the development of insurance supervision and the Slovenian insurance market from 2000 to 2025, marking the agency’s establishment on 1 June 2000. The review highlights major shifts in supervisory priorities and provides headline indicators, including growth in gross written premium from around EUR 1 billion in 2000 to around EUR 3 billion in 2024 and an increase in agency staffing from 8 employees in 2000 to 48 as of 1 June 2025. Key milestones covered include alignment with European Union rules following Slovenia’s 2004 EU accession, implementation of Solvency II and the new Insurance Act (ZZavar-1) from 1 January 2016, and the introduction of the Insurance Distribution Directive regime in 2018. The publication also notes the agency’s work on ESG-related guidance for insurers, adjustments to supervisory processes during COVID-19, and supervisory attention to climate-related risks, including policyholder communications and an insurance gap study after the 2023 floods. Looking ahead, the review points to expected application from 2024 onwards of the Digital Operational Resilience Act (DORA), the Financial Data Access framework (FiDA) and CRS2 sustainability disclosures, and notes that the National Assembly confirmed a new six-year mandate for director Gorazd Čibej starting on 1 January 2025.
Slovenia Insurance Supervision Agency 2025-06-02
Slovenia Insurance Supervision Agency publishes a 2000–2025 retrospective on supervisory milestones and market growth
The Slovenia Insurance Supervision Agency released a review of insurance supervision and market developments from 2000 to 2025, highlighting regulatory milestones and market growth. Key developments include alignment with EU rules, Solvency II, and the Insurance Distribution Directive, alongside recent ESG guidance and climate risk focus. The review anticipates the Digital Operational Resilience Act and other frameworks from 2024, with Gorazd Čibej confirmed for a new six-year term as director.