STATISTICS: SERBIA, FY2018: Top 3 largest insurers accounted for more than 60% of total market

18 April 2019 — Andrei Victor
Serbian insurance market ended 2018 with GWP worth EUR 845 million, up 7.6% y-o-y, a result supported mainly by the non-life insurance side, which saw an 8.5% increase to EUR 644 million.

In GWP terms, the MTPL line also saw a 5.2% y-o-y premiums growth to EUR 284 million - continuing to hold the largest share in the market portfolio, of over 33%.

In terms of profitability, the net profit of Serbian insurance companies increased 36.7% y-o-y last year, reaching about EUR 77 million, Serbia's Business Register Agency said in a report, wrote SEE News.

DUNAV, the state-owned company, remains the market leader, with an almost 28% market share, followed by GENERALI (21.4%) and DDOR (12%).

Access and download the FY2018 Serbian insurance market statistics.

  • Market portfolio (in EUR and RSD):
    • Gross written premiums
    • Paid claims
    • Growth rates
  • Market rankings (GWP/Claims/Market shares - in EUR and RSD):
    • Total market ranking
    • Life insurance ranking
    • Non-life insurance ranking
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