Slovenia Insurance Report Q1 2016 - New Study Released

From: Fast Market Research, Inc.
Published: Thu Dec 31 2015

We hold a positive outlook for the Slovenian insurance industry sector as a whole. We believe that the life insurance segment has historically witnessed a subdued growth due to competition from traditional savings outlets and the banking and the real estate sector. Nevertheless, we believe that growth in the life segment will outpace growth in the non-life segment as the population begins to age and insurers look to target their audience. However, the overall size of the life market makes it a very small one in comparison. Growth in the life segment, on the other hand, will begin to cool down over historical levels but we believe that the motor vehicle and health insurance lines will continue to dominate the non-life landscape. With the exception of the financial sector guarantees, we forecast positive growth in each major and minor line till the end of 2019.

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