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Croatia Non-life

Adris groupNorth Macedoniacrosig.mk ↗#5 of 17 in North Macedonia, FY 2025
Updated 11 Nov 2026
Sources and updates
Source
ISA reports on insurance companies; solvency margin, not Solvency II
Latest figures
FY 2025, H1 2026
Next update
Jan–Sep 2026, around December 2026

Sources for North MacedoniaWhat changed

Compare with nearest rivals →Compare →
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Premium
€25m
8.5% of North Macedonia
Growth
+21.0%
FY 2025 vs 2024, in MKD · market +12.3%
Life share
0%
of own premium
Capital cover
176%
Solvency margin · €6.5m held vs €3.7m required
Claims and costs
97%
combined ratio after reinsurance · gross 89% · market 97%
In shortNumber 5 of 17 in North Macedonia with 8.5% of premium, growing faster than the market. Strongest in Health, with 18.0% of the line. Its non-life business made money on underwriting, with a combined ratio of 97% after reinsurance against 97% for the market. It paid €10m in claims, €40 for every €100 of its premium. It covers its required solvency margin 1.8 times.

In the news3 Dec 2025: Competition watchdog fines ten insurers MKD 17.27m over motor TPL price moves All news for North Macedonia

Latest resultsH1 2026, year to date: €15m of premium, +13.8% on H1 2025 (market −0.6%); share 9.5% (+1.2 pp), #4 of 16. More

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Croatia Non-life's line mix, and where it stands among the 17 insurers in North Macedonia on each measure, FY 2025.

Line mix
Motor TPL45%
Health17%
Property12%
Accident10%
Casco9%
Other non-life3%
Liability2%
Size#5 of 17 by premium
€25m
larger than 75%median €15m
GrowthFY 2025 against 2024, in MKD
+21.0%
ahead of 75%median +10.0%
Claims and costsnon-life combined ratio, after reinsurance
97%
better than 33%median 96%
Capital coverlocal solvency margin
176%
ahead of 7%median 298%
Return on equitynet profit ÷ average equity
16.0%
ahead of 69%median 11.5%

Each bar runs from the weakest to the strongest of the insurers in North Macedonia with that figure in FY 2025; the dot is this insurer, the tick in the middle the median. Combined ratios as shown across the site: after reinsurance where published, else gross. The rose: each petal's area is the line's share of written premium; the dashed ring is a quarter.

Premium and market share

Market share against the nearest rivals

By year

Insurer20212022202320242025
SIGAL8.8%8.9%9.1%9.4%10.4%
Triglav11.5%11.9%10.3%10.1%9.5%
Croatia Non-life5.8%7.4%7.6%7.9%8.5%
Sava8.1%8.4%8.8%8.6%8.3%
Halk8.5%5.4%5.4%6.0%6.7%

Lines and claims

Written premium by line with ratios after reinsurance for the year selected (gross, marked, where the insurer gives no net figures for a line); the market figure on the same basis sits under each ratio.

All figures

Solvency

DetailsCapital in detailOwn funds against the capital requirement, and the risks it covers

Capital at year end

Capital cover

    Also in the Adris group

    5 companies in 4 markets · €677m premium, latest year

    All 5 on the Adris page →
    North Macedoniathis market1 company€15m
    Croatia Life€15m
    Croatia1 company€553m
    Croatia osiguranje€553m
    Serbia1 company€56m
    Milenijum osiguranje€56m
    Bosnia and Herzegovina1 company€29m
    Croatia osiguranje€29m

    Company details

    Website
    crosig.mk
    Employees
    183 (2025; 142 in 2023, 165 in 2024)
    Premium per employee
    €136k (FY 2025; median for non-life insurers in North Macedonia: €131k; all insurers)

    Website from the company's own reports or the supervisor's register, checked 20 Oct 2026.

    Questions about Croatia Non-life

    Short answers from the figures on this page.

    What is Croatia Non-life's market share in North Macedonia?

    Croatia Non-life wrote €24.8m of premium in FY 2025, 8.5% of all premium in North Macedonia, ranking #5 of 17 insurers; its premium grew 21.0% on FY 2024 in MKD.

    Who owns Croatia Non-life?

    Croatia Non-life is part of the Adris group, which has 5 companies in 4 of the 18 markets on Polisa (FY 2025).

    What does Croatia Non-life sell?

    Croatia Non-life is a non-life insurer; its largest lines in FY 2025 are motor TPL (45.2% of its premium), health (17.4%) and property (12.3%).

    Is Croatia Non-life well capitalised?

    Croatia Non-life's solvency margin was 176% at 31 December 2025: it covered its required solvency margin 1.8 times, against a median of 298% for the insurers in North Macedonia (local rules, not Solvency II).

    Is Croatia Non-life profitable?

    Croatia Non-life made a net profit of €1.11m in FY 2025, a return on equity of 16.0%; its non-life combined ratio was 97% after reinsurance.

    Is Croatia Non-life growing?

    Croatia Non-life's premium grew 21.0% in MKD in FY 2025, faster than the market in North Macedonia (+12.3%).

    Sources for this page

    Premium, lines, claims and solvency margin: ISA (Insurance Supervision Agency of North Macedonia), quarterly reports on insurance companies. How these numbers are built.

    Spotted a wrong figure? Tell us and include the source.

    CiteCite this pageThe reference in APA style and as BibTeX, each with a copy button, and the terms of reuse

    Polisa compiles the figures; the original sources are named on this page and on the method page.

    APA

    Polisa. (2026). Croatia Non-life (North Macedonia): premium, market share, lines, solvency and claims [Data version 2026-11-11.13378f]. Retrieved November 11, 2026, from https://polisapro.com/insurers/mk-croatia-non-life

    BibTeXShow entry
    Entry for a .bib file
    @misc{polisa_insurers_mk_croatia_non_life_2026,
  author       = {{Polisa}},
  title        = {Croatia Non-life (North Macedonia): premium, market share, lines, solvency and claims},
  year         = {2026},
  version      = {2026-11-11.13378f},
  howpublished = {\url{https://polisapro.com/insurers/mk-croatia-non-life}},
  note         = {Accessed 11 November 2026}
}

    Reuse: Polisa's compilation CC BY 4.0 · source data: ISA (no re-use terms published), MSE (personal non-commercial use only).