Southeast Europe’s return to steady growth, though slow to affect the insurers in the region, is eventually showing in their balance sheets. In the merciful absence of natural disasters or major external shocks and amid rising consumption and a favourable fiscal environment, the positive trends that had emerged already in 2014 resulted in a 6% increase of the combined gross written premiums (GWP) of the 100 biggest insurers, and, more notably, a 43% growth of their combined net profit.
Gross written premium and net profit/loss figures are in millions of euro.
(*) Data up to June 30, 2015
(**) Merged with Generali Insurance AD and written off on Dec 18, 2015.