In 2009, total premium remained broadly flat on the previous year, even slightly exceeding it and reaching a high of HRK 482,732,164, the Company's best ever premium income. Premium from the country stood at HRK 423,620,159, a decrease of 2.55% relative to the previous year, while premium from abroad stood at HRK 59,112,005, a 24.31% increase over the previous year. Premium from abroad now accounts for 12.55% of total premium, or 32.77% of retained premium. Our goal is to further prudently expand our foreign porttolio.

We retained HRK 180,387,943 of total premium, and we ceded, or purchased further reinsurance protection abroad for the balance amounting to HRK 302,344,220. In other words, our retained premium amounted to 37% in 2009.

Gross Premium Income Development 2004 - 2009 (000 HRK)




2004 342,883

2005 377,441

2006 457,614

2007 448,119

2008 482,240

2009 482,732



Net Premium Income Development 2004 - 2009 (000 HRK)




2004 133,246

2005 138,875

2006 167,107

2007 167,026

2008 182,906

2009 180,388