Slovakia
Growth
Amounts are always in euros: this changes how growth is measured, nothing else.
How growth is measured →Latest news30 Oct 2026: Achmea sells health insurer Union ZP to Dôvera but keeps Union poisťovňa All news (15) →
The gross combined ratio of 103% includes Kooperativa's property claims of €523m on €84m of earned premium, €18m after reinsurance; without that line it would be 79%, and after reinsurance the market's ratio is 89%. Details on the insurer page.
Coverage The insurers shown write 96.5% of the market. Share of premium written in Slovakia by Slovak insurers and EU branches, as NBS publishes it; cross-border services (€402m, mostly accepted reinsurance) are left out of the comparison. Source.
Not in the shares: 59 insurers
- VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppecross-border€111.2m
- VIG RE zajist'ovna, a.s.cross-border€39.5m
- Premium Insurance Company Limited (Malta)branch€33.5m
- Europ Assistance S.A.cross-border€27.1m
- XL Insurance Company SEcross-border€18.6m
- Allianz SEcross-border€16.4m
- HDI Versicherung AGbranch€13.3m
- GREENVAL INSURANCE DACcross-border€12.1m
- Lloyd's Insurance Company NV/SAcross-border€11.8m
- Hannover Rück SEcross-border€10.8m
- Österreichische Hagelversicherung Versicherungsverein auf Gegenseitigkeitbranch€9.0m
- Pillow pojišťovna, a. s.cross-border€8.8m
- WIENER STÄDTISCHE Versicherung AG Vienna Insurance Groupcross-border€7.8m
- Maxima pojišťovna a.s.cross-border€7.6m
- MSIG Europe SEbranch€7.0m
- UNION Vienna Insurance Group Biztositó Zrt.cross-border€6.4m
- SV pojišťovna, a. s.cross-border€6.3m
- Zurich Insurance Europe AGcross-border€6.2m
- FM Insurance Europe S.A.cross-border€6.2m
- Euler Hermes S.A.branch€5.9m
- Swiss Re Europe S.A.branch€5.7m
- Generali Česká Pojišťovna a.s.cross-border€5.4m
- MOL Reinsurance Co DACcross-border€5.2m
- Chubb European Group SEcross-border€5.1m
- ATRADIUS CREDITO Y CAUCION S.A. DE SEGUROS Y REASEGUROSbranch€4.7m
- and 34 more
Market share by insurer
Latest quarter: H1 2026
Premium written H1 2026, year to date: €1.70bn, +5.2% against H1 2025 in local currency. Share change in percentage points against the same period a year earlier.
Largest insurers, H1 2026
Premium year to date and growth; the bar is the share, its change in points under it.
Gains and losses in share
Change in share against H1 2025, in percentage points; an insurer with no premium now has lost its whole share.
- Youplus (branch) · 15 Jul 2026: CIG Pannónia signed a binding deal to buy Youplus's Slovak and Czech business, subject to regulatory approval.
- Union poisťovňa · 30 Oct 2026: Achmea sells health insurer Union ZP to Dôvera but keeps Union poisťovňa
All figures
| Insurer | H1 2026 €m | Share | Δ pp | H1 2025 €m | Growth |
|---|---|---|---|---|---|
| Kooperativa | 434.1 | 25.5% | +0.5 | 404.8 | +7.2% |
| Allianz – Slovenská poisťovňa | 413.2 | 24.3% | +0.1 | 392.0 | +5.4% |
| Generali Poisťovňa (branch) | 231.7 | 13.6% | +0.1 | 217.9 | +6.3% |
| UNIQA (branch) | 182.9 | 10.8% | +0.0 | 173.5 | +5.4% |
| NN Životná poisťovňa | 79.4 | 4.7% | −0.0 | 75.6 | +5.0% |
| ČSOB Poisťovňa | 69.5 | 4.1% | −1.1 | 83.1 | −16.4% |
| MetLife Europe (branch) | 65.8 | 3.9% | +0.1 | 61.2 | +7.6% |
| Union poisťovňa | 60.4 | 3.6% | −0.1 | 59.4 | +1.6% |
| Komunálna poisťovňa | 58.2 | 3.4% | −0.2 | 57.9 | +0.4% |
| Wüstenrot poisťovňa | 46.6 | 2.7% | +0.5 | 36.1 | +29.3% |
| BNP Paribas Cardif | 29.7 | 1.7% | +0.3 | 23.9 | +24.0% |
| Colonnade Insurance (branch) | 19.9 | 1.2% | −0.1 | 19.9 | +0.1% |
| Youplus (branch) | 8.3 | 0.5% | −0.2 | 10.3 | −19.6% |
| Market | 1,699.6 | 100% | 1,615.7 | +5.2% |
Each insurer's figures: All insurers, growth and latest quarter → · Full-year outlook →
What's happening in Slovakia
The latest news on the market's insurers and their supervisor, newest first: facts in Polisa's own words, each with its source.
- DealAchmea sells health insurer Union ZP to Dôvera but keeps Union poisťovňa
Dôvera became sole owner of Union zdravotná poisťovňa on 30 October 2026. Achmea keeps the commercial insurer Union poisťovňa under its current brand, and the two sides signed a distribution partnership.
Union poisťovňaSource: oPojištění.cz - CompanyThe National Bank of Slovakia registered a Slovak branch of CIG Pannónia's life insurer on 15 October 2026 (the insurer had announced the branch's registration in…Source: CIG Pannónia stock exchange announcement (15 Oct 2026)
- LawAutomated motor TPL checks start; long-uninsured vehicles removed from register
Automated checks of compulsory motor TPL cover under the LEX PZP law began on 1 October 2026, after a one-off removal of long-uninsured vehicles from the vehicle register. SKP advises owners removed in error to contact their insurer.
Source: SKP - CatastropheAugust hailstorms: over 2,500 claims worth about €6.5 million within a week
Less than a week after storms that began on 20 August, SLASPO members had over 2,500 claims worth about €6.5 m. Allianz – Slovenská poisťovňa reported over 4,000 natural-hazard claims (over €13 m) in about two summer months.
Allianz – Slovenská poisťovňaSource: SITA
11 earlier
- LawGovernment approves insurance act amendment, due to take effect 30 January 2027
The cabinet approved an amendment to the insurance act that transposes an EU directive: lighter rules for small, less complex insurers, more room for long-term investment, climate-risk plans and wider supervisory powers.
Source: SITA - LawLEX PZP takes effect to tackle about 320,000 uninsured vehicles
The amended motor TPL law took effect on 1 August 2026. SKP estimates about one vehicle in ten, roughly 320,000, is uninsured; owners face fines of €120–900, and vehicles uninsured for over 24 months leave the register.
Source: SITA - DealCIG Pannónia signed a binding deal to buy Youplus's Slovak and Czech business, subject to regulatory approval.Youplus (branch)Source: CIG Pannónia stock exchange announcement
- CompanyCIG Pannónia's non-life insurer EMABIT registered a branch in Slovakia, CIG's first step into the Slovak market.Source: Portfolio.hu
- ResultsUNIQA's Slovak premiums rose 5.9% to €345.7 million in 2025
UNIQA wrote €345.7 m of premium in Slovakia in 2025, up 5.9%, driven mainly by property and life insurance; its gross profit in Czechia and Slovakia together exceeded €105 m, over €21 m more than a year earlier.
UNIQA (branch)Source: SITA - CatastropheEarthquake in western Slovakia: nearly 790 claims worth about €1.1 million
A week after the February earthquake in western Slovakia, SLASPO member insurers had received nearly 790 claims, with damage estimated at close to €1.1 m.
Source: SLASPO - ResultsSLASPO members' premiums passed €3 billion in 2025
Preliminary figures as of 31 December 2025 show that premiums written by SLASPO member insurers exceeded €3 bn in 2025.
Source: SLASPO - PricesNew motor TPL policies cost €168 on average in 2025, up 17%
Comparison site Superpoistenie.sk says a new compulsory motor TPL policy cost €168 a year on average in 2025, over 17% more than in 2024, after a rise of almost 14% in 2024; it expects a further 7–9% in 2026.
Source: SITA (Superpoistenie.sk data) - LawInsurance tax and motor TPL levy rise from 8% to 10%
The tax on non-life insurance and the special levy on motor TPL premiums both rose from 8% to 10% in January 2026; broker FinGO.sk expected average non-life prices to rise 5–7% in 2026.
Source: SITA - SupervisorNBS fines NN Životná poisťovňa €100,000 over life insurance funds
The National Bank of Slovakia fined NN Životná poisťovňa €100,000 for lacking statutes for several of its own funds in 2016–2021 and for replacing 13 funds with three in November 2021 without due care toward clients.
NN Životná poisťovňaSource: SITA - SupervisorNBS: average motor TPL premium up 14%, fastest rise in nine years
The NBS financial stability report, as reported by SITA, shows the average motor TPL premium up 14% year on year, the fastest in nine years; non-life written premiums grew 9.1%, while life premium growth slowed to 4.8%.
Source: SITA (NBS report)
Five-year trend
Premium
Market share of the five largest
Lines in Slovakia
All figures
Motor TPL, FY 2025: average premium €165 per policy, 3.8 claims per 100 policies, average claim €2,768. Prices in every market on the Motor TPL page →
Claims incurred in Slovakia
Insurers' claims incurred came to €2.15bn in FY 2025, +30.1% on FY 2024 in euros: €67 for every €100 of premium. Non-life claims were €1.43bn; life insurance benefits €725m.
Premium and claims incurred, FY 2021–2025
PremiumClaims incurred% claims incurred per €100 of premium
Claims incurred by line, FY 2025
Claims incurred by SLASPO's members, branches of EU insurers included (claims paid plus the change in claims provisions), before reinsurance. Source: SLASPO member statistics (Solvency II template S.05.01). Claims across all markets →
Reinsurance in Slovakia
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 |
|---|---|---|---|---|
| BNP Paribas Cardif | composite | 47 | 53.5 | €1.14m |
| Allianz – Slovenská poisťovňa | composite | 775 | 777.9 | €1.00m |
| Kooperativa | composite | 1,262 | 795.0 | €630k |
| NN Životná poisťovňa | composite | 243 | 150.1 | €618k |
Staff: average number of employees in full-time equivalents over the year, from the notes to insurers' financial statements in the Register of Financial Statements (registeruz.sk) and their 2025 annual reports; ČSOB gives only its headcount at 31 December, and branches of foreign insurers publish no Slovak staff. 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 Slovakia
Short answers from the figures on this page.
How big is the Slovakia insurance market?
Insurers in Slovakia wrote €3.2bn of premium in FY 2025, +7.4% on FY 2024. That is 2.3% of GDP and €590 per person.
Who is the largest insurer in Slovakia?
Kooperativa is the largest insurer in Slovakia with 24.9% of premium (€795m) in FY 2025, ahead of Allianz – Slovenská poisťovňa (24.3%) and Generali Poisťovňa (branch) (13.8%); the three largest write 63% of the market.
How many insurance companies are there in Slovakia?
13 insurers wrote premium in Slovakia in FY 2025: 1 non-life, 1 life and 11 composite.
Which insurance groups are present in Slovakia?
Polisa records 12 insurance groups in Slovakia in FY 2025; the largest by premium are VIG 28.5%, Allianz 24.3%, Generali 13.8%, UNIQA 10.8%.
What is the largest line of business in Slovakia?
Life insurance is the largest line in Slovakia with 36.2% of premium (€1.16bn) in FY 2025, then casco with 19.3%.
How well capitalised are the insurers in Slovakia?
The median SCR ratio of the insurers in Slovakia was 166% at 31 December 2025: the typical insurer held 1.7 times the capital Solvency II requires. 8 of the 13 insurers publish it.
RegulationRule changes5 rule changes that reach insurers in Slovakia, with their dates
- Solvency II review · Applies from 30 January 2027
- AI Act: pricing rules for life and health delayed · High-risk rules from 2 December 2027
- Retail Investment Strategy: value for money · European Parliament vote scheduled for 12 November 2026; the rules apply 30 months after publication
- 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 |
|---|---|---|
| Kooperativa | 795.0 | 24.9% |
| Allianz – Slovenská poisťovňa | 777.9 | 24.3% |
| Generali Poisťovňa (branch) | 440.7 | 13.8% |
| UNIQA (branch) | 345.7 | 10.8% |
| NN Životná poisťovňa | 150.1 | 4.7% |
| ČSOB Poisťovňa | 146.2 | 4.6% |
| MetLife Europe (branch) | 124.0 | 3.9% |
| Union poisťovňa | 118.0 | 3.7% |
| Komunálna poisťovňa | 117.9 | 3.7% |
| Wüstenrot poisťovňa | 74.1 | 2.3% |
| BNP Paribas Cardif | 53.5 | 1.7% |
| Colonnade Insurance (branch) | 35.3 | 1.1% |
| Youplus (branch) | 20.7 | 0.6% |
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). Slovakia insurance market: market shares, lines, solvency and claims [Data version 2026-11-11.13378f]. Retrieved November 11, 2026, from https://polisapro.com/markets/sk
BibTeXShow entry
@misc{polisa_markets_sk_2026,
author = {{Polisa}},
title = {Slovakia insurance market: market shares, lines, solvency and claims},
year = {2026},
version = {2026-11-11.13378f},
howpublished = {\url{https://polisapro.com/markets/sk}},
note = {Accessed 11 November 2026}
}Reuse: Polisa's compilation CC BY 4.0 · source data: SLASPO (no re-use terms published), NBS (free with credit, files unaltered), Register of Financial Statements (CC0), insurers' SFCRs (public disclosures, linked).