Slovenia
Growth
Amounts are always in euros: this changes how growth is measured, nothing else.
How growth is measured →Latest news27 Oct 2026: AZN: insurers must not ignore a known temporary address when pricing motor cover All news (12) →
Coverage No comparable official total: AZN counts Slovenian insurers including their business abroad but not foreign branches in Slovenia, while the site adds SZZ member branches. SZZ members write about 97% of premium written in Slovenia. Two SZZ members, Triglav, pokojninska družba and Sava pokojninska družba, write only supplementary pension insurance and are not counted (€88m in 2025); with them and with Modra's and Generali's pension-fund contributions (about €158m), SZZ's life premium for 2025 (€976m) is about a third above the site's (€730m). Source.
Not in the shares: 3 insurers
- Porsche Versicherungs AG, podružnica v Slovenijibranchnot published
- Österreichische Hagelversicherung VVaG, podružnica v Slovenijibranchnot published
- Atradius Crédito y Caución S.A. de Seguros y Reaseguros, podružnica v Slovenijibranchnot published
Market share by insurer
Latest quarter
No figures by insurer for 2026 have been published yet, so there is no year-to-date comparison.
What's happening in Slovenia
The latest news on the market's insurers and their supervisor, newest first: facts in Polisa's own words, each with its source.
- SupervisorAZN: insurers must not ignore a known temporary address when pricing motor cover
The supervisor said permanent and temporary residence can both affect motor premiums; an insurer that knows a client's temporary address must take it into account, and agents must mention it when it is cheaper.
Source: AZN - DealVzajemna and Groupama agree to sell each other's policies in Slovenia and Croatia
Vzajemna will sell Groupama's motor and home insurance through its Slovenian network, and Groupama will offer Vzajemna's health policy in Croatia. Vzajemna's first-half premium rose over 16% to €20.3m, with a net loss of almost €0.3m.
VzajemnaGroupama (branch)Source: XPRIMM - ResultsSava Insurance Group's business volume up 10.3% to €672.5m in H1 2026
Growth came mainly from premiums: non-life rose 3.1% in EU markets and 16.0% outside the EU, life 22.3% in EU markets and reinsurance 18.4%. The estimated solvency ratio rose to 219–223%.
Zavarovalnica SavaVitaSource: XPRIMM - ResultsTriglav Group: H1 2026 business volume up 13%, pre-tax profit down to €105.2m
Business volume reached €1,198.7m, with the strongest growth in Italy. Pre-tax profit slipped to €105.2m from €109.6m and the combined ratio rose to 93.9% from 88.2%; full-year profit guidance was reaffirmed.
Zavarovalnica TriglavSource: Zavarovalnica Triglav (SEOnet announcement)
8 earlier
- ResultsSlovenian premium up almost 11% to €1.78bn in H1 2026; motor TPL up 33%
Motor third-party liability premium rose 33.5% to €349.8m and motor hull 7.3% to €327.9m. Life premium grew 4.2% to €520.7m, led by a 14% rise in unit-linked business.
Source: XPRIMM - SupervisorAZN issues a formal position to all insurers selling unit-linked life policies
After reviewing how insurers apply the prudent person principle and ensure value for money in unit-linked products, the supervisor sent every insurer that sells them a formal position on 3 June 2026.
Source: AZN - CompanyTriglav's 2026–2030 strategy targets €250–300m pre-tax profit by 2030
The plan aims for business volume of €2.5–3.0bn and a return on equity of 12–13% by 2030, about €400m of dividends over 2025–2030, and growth in life, health and asset management with less reliance on motor.
Zavarovalnica TriglavSource: XPRIMM - CatastropheMarch windstorm in northern Slovenia: insured claims estimated at just over €10m
The 26–28 March windstorm mainly damaged buildings and power distribution. Insurers estimate insured claims at just over €10m, about €7.4m for real estate and €1.5m for movables, mostly cars, AZN reported in August.
Source: AZN - ResultsAZN: non-life insurers' 2025 pre-tax profit rose to €227.9m; life fell to €79.5m
Pre-tax profit of non-life insurers grew from €172.0m in 2024, while that of life insurers fell from €110.0m. Reinsurers earned €93.2m (2024: €73.3m) and pension companies €15.1m.
Source: AZN - ResultsAZN: 2025 premium jumps 36.1% to €3.5bn as motor TPL more than doubles
Preliminary data show Slovenia-based insurers wrote €3,497m in 2025. Motor TPL premium rose 131% to €946m, partly due to growth in Italy, AZN said; claims paid grew 14.9% to €1,639m.
Source: AZN - DealAZN approved the transfer of SOP's investment and voluntary pension policies to AVRIO, where they became annuity insurance contracts.AVRIO zavarovalnicaSource: AZN annual report 2025
- DealAZN ordered Adris, Croatia osiguranje and a Croatian Erste group bank, which together hold 23.89% of Sava Re without approval, to sell down below 20% and stripped…Source: STA via Tax-Fin-Lex
Five-year trend
Premium
Market share of the five largest
Lines in Slovenia
All figures
Motor TPL, FY 2024: average premium €156 per policy, 2.9 claims per 100 policies, average claim €3,038. Prices in every market on the Motor TPL page →
Claims paid in Slovenia
Insurers paid €1.49bn to their customers in FY 2025, −1.5% on FY 2024 in euros: €44 for every €100 of premium. Non-life claims were €980m; life insurance benefits €505m.
Premium and claims paid, FY 2024–2025
PremiumClaims paid% claims paid per €100 of premium
Claims paid by line, FY 2025
Claims and benefits paid in the year by SZZ's member insurers, before reinsurance; reinsurers and pension companies are not counted. Source: SZZ member statistics. Cash paid in the year, not the claims incurred that the combined ratios on this page are built from. Claims across all markets →
Reinsurance in Slovenia
Share of non-life premium ceded, by line
Largest cedents
All figures
Capital cover across the market
Groups present
Each group's share of this market, its companies here, and where else it operates.
Profit and capital
Net profit by year
All figures
Each insurer's profit, return on equity and ratios: All insurers, solvency and profit →
Staff and premium per employee
FY 2025 premium over the insurers' reported employees. Agents, banks and group service companies are not employees, so an insurer that sells through others looks more productive: compare insurers of the same type.
Premium per employee, FY 2025
Size and productivity, FY 2025
Each dot an insurer: employees across (log scale), premium per employee up; the larger the dot, the larger the premium.
By typeMedian per employee
All figures
| Insurer | Type | Employees | Premium €m | Premium per employee |
|---|---|---|---|---|
| Modra zavarovalnica | life | 68 | 111.2 | €1.64m |
| Zavarovalnica Triglav | composite | 2,147 | 1,694.7 | €789k |
| Zavarovalnica Sava | composite | 1,286 | 654.9 | €509k |
| Generali zavarovalnica | composite | 1,200 | 450.1 | €375k |
| Prva osebna zavarovalnica | composite | 92 | 19.9 | €216k |
Staff: employees at the end of the year, from insurers' annual reports and SFCRs; Triglav's 2025 premium includes about €0.7bn of Italian motor business written under freedom of services, so its premium per employee is not comparable. Type: life where life insurance is 90% or more of the premium, non-life where it is 10% or less, composite in between. Productivity across all markets →
Questions about Slovenia
Short answers from the figures on this page.
How big is the Slovenia insurance market?
Insurers in Slovenia wrote €3.38bn of premium in FY 2025, +32.7% on FY 2024. That is 4.8% of GDP and €1,587 per person.
Who is the largest insurer in Slovenia?
Zavarovalnica Triglav is the largest insurer in Slovenia with 50.1% of premium (€1.69bn) in FY 2025, ahead of Zavarovalnica Sava (19.4%) and Generali zavarovalnica (13.3%); the three largest write 83% of the market.
How many insurance companies are there in Slovenia?
15 insurers wrote premium in Slovenia in FY 2025: 4 non-life, 3 life and 8 composite.
Which insurance groups are present in Slovenia?
Polisa records 11 insurance groups in Slovenia in FY 2025; the largest by premium are Triglav 50.1%, Sava 23.2%, Generali 13.3%, GRAWE 3.1%. Insurers with no group (independent or not in a group) write 4.4% of the premium.
What is the largest line of business in Slovenia?
Motor TPL is the largest line in Slovenia with 28.7% of premium (€946m) in FY 2025, then life insurance with 19.8%.
How well capitalised are the insurers in Slovenia?
The median SCR ratio of the insurers in Slovenia was 261% at 31 December 2025: the typical insurer held 2.6 times the capital Solvency II requires. 10 of the 15 insurers publish it.
RegulationRule changes5 rule changes that reach insurers in Slovenia, with their dates
- Solvency II review · Applies from 30 January 2027
- The natural catastrophe protection gap · Framework presented 27 October 2026; first insurance measures due by the end of 2027
- AI Act: pricing rules for life and health delayed · High-risk rules from 2 December 2027
- Recovery and resolution of insurers · Applies from 30 January 2027
- DORA: digital operational resilience · In application since 17 January 2025
Spotted a wrong figure? Tell us and include the source.
All insurers
ExcelDownload CSVLicence| Insurer | Premium | Share |
|---|---|---|
| Zavarovalnica Triglav | 1,694.7 | 50.1% |
| Zavarovalnica Sava | 654.9 | 19.4% |
| Generali zavarovalnica | 450.1 | 13.3% |
| Vita | 129.2 | 3.8% |
| Modra zavarovalnica | 111.2 | 3.3% |
| GRAWE zavarovalnica | 105.0 | 3.1% |
| Merkur zavarovalnica | 67.3 | 2.0% |
| Wiener Städtische (branch) | 53.9 | 1.6% |
| Vzajemna | 35.9 | 1.1% |
| Allianz Slovenija (branch) | 31.1 | 0.9% |
| Prva osebna zavarovalnica | 19.9 | 0.6% |
| Coface (branch) | 12.6 | 0.4% |
| Groupama (branch) | 10.3 | 0.3% |
| ARAG (branch) | 4.3 | 0.1% |
| AVRIO zavarovalnica | 0.6 | 0.0% |
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.
Polisa. (2026). Slovenia insurance market: market shares, lines, solvency and claims [Data version 2026-11-11.13378f]. Retrieved November 11, 2026, from https://polisapro.com/markets/si
BibTeXShow entry
@misc{polisa_markets_si_2026,
author = {{Polisa}},
title = {Slovenia insurance market: market shares, lines, solvency and claims},
year = {2026},
version = {2026-11-11.13378f},
howpublished = {\url{https://polisapro.com/markets/si}},
note = {Accessed 11 November 2026}
}Reuse: Polisa's compilation CC BY 4.0 · source data: SZZ (written consent only), AZN (public information, no licence stated), insurers' SFCRs (public disclosures, linked).