New Market Study, "the Insurance Industry in Croatia, Key Trends and Opportunities to 2017", Has Been Published
The Croatian economy grew at a healthy rate, averaging 4-5% annually during 2001-2008. This facilitated the growth of insurance services in the country. However, the global financial and European debt crisis affected the Croatian insurance industry which registered negative growth during 2009-2011. The Croatian insurance industry is dominated by the non-life insurance segment. Privatization measures by the government to facilitate investments, increasing product development and use of new technology will be the main drivers for the insurance industry in the...
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