Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Croatia takes cat hit due to insufficient coverage

February 16, 2018 Reprints

Data from Munich Reinsurance Co.'s NatCat Service showed that Croatia suffered the most economic losses from natural disasters among a list of 33 European countries but lagged behind in terms of property insurance coverage, Xprimm.com reported citing Total Croatia News. The Croatian Insurance Bureau said that the density of property insurance in the country is €40 ($50) per capita, while the European Union's average expense for property insurance is €150. Croatian insurers' gross written premiums totaled €1.2 billion of which property insurance premiums accounted for less than 7% in 2017.

Help

Croatia takes cat hit due to insufficient coverage

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources