STATISTICS: SERBIA, 3Q2019: insurers' premiums rose 6% y-o-y

19 December 2019 — Andrei Victor
The GWP of Serbian insurers increased 5.9% year-on-year to RSD 79 billion (EUR 672 million*) in the first nine months of 2019, according to the most recent figures published on the website of National Bank of Serbia (NBS).

Non-life GWP rose 6.4% to RSD 61.3 billion in the period under review, whereas the life insurance segment earned premiums of RSD 17.7 billion, up 4.5% compared to the prior year's level, as NBS announced in its quarterly report.

DUNAV was the largest insurance company in the country at the end of September, accounting for 25.9% of total gross written premiums. GENERALI Osiguranje followed with 21.7%, while DDOR was third with 12.1%. A total of 16 insurance companies operated in the country at the end of September.

* 1 EUR = 117.5283 RSD (September 30th 2019)

Access and download the 3Q2019 Serbian insurance market statistics (in EUR and RSD).
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