Analytics, Financial Services, Insurance, Press-release
International Internet Magazine. Baltic States news & analytics
Monday, 29.04.2024, 03:15
The least concentrated life insurance market in CEE in 2007 was Croatia
Other life insurance markets in the region favourable for new entries (judging by concentration level in the industry) are Russia and Greece. Judging by the aggregated share of five largest life insurers, the most competitive environment is found in Hungary and Turkey, infirmed BC Russian Polis Information Group.
TOP-Insurer is an analytical report providing a detailed analysis of the insurance industry of CEE and the former USSR – the region with almost half a billion people. TOP-Insurer has two analytical sections: the analysis of the region’s national markets and the financial results of 50 major transnational groups in the region. Moreover, the report includes the lists of the TOP-300 major life insurers and TOP-500 major non-life insurers.
The least concentrated life insurance markets in CEE and former USSR, 2007.
Country |
Leading Company’s Market Share, % |
First Three Companies’ Market Share, % |
First Five Companies’ Market Share, % |
Croatia |
17,3 |
42,0 |
61,1 |
Russia* |
17,8 |
47,8 |
70,0 |
Greece |
18,5 |
44,7 |
65,4 |
Hungary |
23,7 |
45,9 |
64,8 |
Turkey |
24,0 |
50,2 |
64,8 |
Ukraine |
24,7 |
53,9 |
70,3 |
Czech Republic |
25,1 |
51,2 |
73,1 |
Cyprus |
26,5 |
70,1 |
84,9 |
Bulgaria |
26,6 |
56,2 |
75,3 |
Slovakia |
27,6 |
56,3 |
74,0 |
Source: TOP-Insurer
* — premiums written by specialized life insurers only.