The Slovenia Insurance Supervision Agency published an overview of the Slovenian insurance market for the third quarter of 2025, reporting record gross written premiums of EUR 2,197.7 million, compared with EUR 1,780.8 million in Q3 2024. Motor insurance was identified as the main driver of growth, linked to domestic market expansion and stronger penetration of foreign markets, while gross claims paid fell to EUR 993.9 million from EUR 1,037.6 million over the same period. Property insurance premiums rose 28.8% year on year to EUR 1,778.0 million, while life insurance premiums increased 4.7% to EUR 419.7 million. Within motor lines, motor third-party liability premiums climbed to EUR 569.4 million from EUR 320.9 million (up EUR 248.4 million, or 77.4%), and land motor vehicle premiums increased to EUR 445.7 million from EUR 399.6 million (up 11.5%). In life insurance, premiums for products with investment risk rose to EUR 276.0 million from EUR 251.8 million. On claims, property insurance claims decreased 7.7% to EUR 682.4 million, while life insurance claims increased 5.6% to EUR 311.5 million; the sharpest decline was in health insurance claims (EUR 25.8 million versus EUR 57.8 million) mainly due to delayed claim payments from discontinued supplementary health insurance. The agency cautioned that the impact of the higher volume of new motor insurance business has not yet fully fed through to claims, with the full effect expected to appear with a lag of several months.
Slovenia Insurance Supervision Agency 2025-11-27
Slovenia Insurance Supervision Agency reports record Q3 2025 gross premiums of EUR 2,197.7m led by motor insurance
The Slovenia Insurance Supervision Agency reported record gross written premiums of EUR 2,197.7 million for Q3 2025, driven primarily by motor insurance growth linked to domestic and foreign market expansion. Property insurance premiums rose 28.8% year-on-year, while life insurance premiums increased 4.7%. The agency noted that the impact of new motor insurance business on claims is expected to manifest with a lag.