Serbian insurers ended Q1 2023 with total GWP worth RSD 35.9 billion (EUR 306 million), 13.95% more y-o-y, according to the end-quarter statistics published by the National Bank of Serbia (NBS).

At the same time, insurers’ payments increased by 11.93% y-o-y to RSD 15.9 billion, driven by double digit increases reported on almost insurance subclasses.

In terms of GWP, DUNAV Osiguranje leads the market, with a 26.19% market share, followed by GENERALI Osiguranje with a 19.83% market share, while Wiener ranks third, with 11.36% of the total GWP.

Access www.xprimm.com and download the 1Q2023 Serbian insurance market statistics.