Boston, MA -- (SBWIRE) -- 01/29/2014 -- As of late 2013 it is clear that stability and resilience is being provided to the insurance sector of Slovakia by the local subsidiaries of regional/global multi-nationals which account for almost all of the activity. In spite of volatility in financial markets and a challenging economic environment, premiums have held up quite well in both the non-life and the life segments. To a greater extent than in most regional markets, there is pricing discipline. Particular companies are developing new products to which customers are responding well. However, both segments will remain small in absolute terms through the forecast period.

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