Non-life segment made up 76.8% of total vs. 78.5% in 3Q2015, while life insurance accounted for 23.2%, up from 21.5% last year thanks to a nominal growth in GWP of 19%, as the central bank data showed. In terms GWP, the non-life sector was up by 7.6% y-o-y.
State-owned DUNAV Osiguranje remained the Serbia's top insurer by GWP volume, with a 26.6% market share, followed by GENERALI Osiguranje (22.8%) and the Novi Sad based - DDOR (part of the Gruppo Assicurativo UNIPOL) with 12%.
Access www.xprimm.com and download the 3Q2016 Serbian insurance market statistics.
Market portfolio (in EUR and RSD):
- Gross written premiums
- Paid claims
- Growth rates
- Total market ranking
- Life insurance ranking
- Non-life insurance ranking