Serbia
SERBIA: Serbian Insurance Days: the insurance sector in the past 10 years recorded a positive trend and more than doubled
“The key indicators of the insurance sector's operations in the past 10 years have recorded a positive trend and more than doubled”, said the governor of the National Bank of Serbia, Jorgovanka Tabaković opening the 8th edition of the Serbian Insurance Days Conference, organized on November 27 in Zlatibor.
STATISTICS: SERBIA 1H2024: double-digit market growth supported by the non-life insurance lines
Serbian insurers ended 1H2024 with total GWP worth EUR 759.86 million, which is 13.38% more y-o-y, according to the half-year statistics published by the National Bank of Serbia (NBS).
STATISTICS: SERBIA 1Q2024: paid claims grew faster than GWP
Serbian insurers ended 1Q2024 with total GWP worth RSD 41.69 billion (EUR 355.96 million), which is 16% more y-o-y, according to the end-quarter statistics published by the National Bank of Serbia (NBS).
STATISTICS: Serbian insurers’ business exceeded EUR 1.3 billion at the end of 2023
Serbian insurers ended the year 2023 with total GWP worth RSD 155.25 billion (EUR 1.32 billion), almost 16% more y-o-y, according to the end-year statistics published by the National Bank of Serbia (NBS).
SERBIA: Milenijum osiguranje achieved strong growth in 2023
In 2023, Milenijum osiguranje achieved strong growth and business results, and ranked at the very top of insurance companies in terms of service quality, business stability and client trust, the company said.
SERBIA: Dunav osiguranje receives "My Choice" award for 2024
According to the votes of Serbian consumers, among 1,000 domestic products and brands, Dunav osiguranje was awarded "My Choice" in the "Insurance Companies" category.
SorS Academy: a new educational structure for insurers in ex-Yugoslavia starts operating
“SorS Academy” was founded with the aim of providing education for insurance professionals in an innovative and unique way. The fast-track training it will provide might be a solution to the obvious problem of a lack of employees in the insurance and reinsurance industry in the area. SorS Academy is headquartered in Belgrade, Serbia.
SERBIA: The new memorandum to help promote insurance and banking activities
A Memorandum on Cooperation of the Association of Insurers, the Association of Banks of Serbia and the Association of Lawyers in the Economy of the Republic of Serbia was signed, the Association of Serbian Insurers wrote.
STATISTICS: Serbia: Insurance market expanded to almost EUR 1 billion during 3Q2023
The insurance market of Serbia ended the first three quarters of 2023 with aggregate GWP worth RSD 115.61 billion (~EUR 986.47 million, up by 16.32% y-o-y), of which non-life insurance - RSD 94.19 billion (+18.97%), while the life insurance segment totaled RSD 21.42 billion, up by 5.94% y-o-y.
SERBIA: The National Bank: the insurance sector more than doubled in the past decade
All key indicators of the insurance sector's operations in the past ten years have recorded a positive trend and have more than doubled, according to the Chairman of the National Bank of Serbia, Jorgovanka Tabakovic, the Association of Serbian Insurers wrote.
SERBIA: CarCheck mobile application launched by the insurers’ association to assist citizens when buying/selling cars
The Association of Insurers of Serbia has launched the CarCheck mobile application, which will help citizens with the sale and purchase of used vehicles, the association’s website announced.
STATISTICS: SERBIA, 1H2023: non-life insurance exceeds 81% in the total GWP portfolio
The first half of 2023 the insurance market in Serbia ended with an increase of 16.28% y-o-y, having reached RSD 78.56 billion (EUR 670.17 million), according to the statistics published by the National Bank of Serbia (NBS).
STATISTICS: Serbian insurers business exceeded EUR 300 million at the end of March
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).
STATISTICS: Serbia's insurers 2022 GWP grow 12.6% y-o-y
The Serbian insurance market ended 2022 with aggregate GWP worth RSD 134 billion (EUR 1.14 billion), up by 12.16% y-o-y, according to the NBS's (National Bank of Serbia) year-end figures.
SERBIA: Association of Serbian Insurers: it's important to pay more attention at catastrophic risks
The President of the Board of the Association of Serbian Insurers and the President of Dunav osiguranje Ivana Sokovic expects this year to be better than the previous one, she said at the panel on insurance at the 30th Kopaonik Business Forum.
Serbian Dunav osiguranje ended 2022 with GWP worth over EUR 300 million
Serbian market leader Dunav osiguranje ended 2022 with gross premium of over EUR 300 million, by as much as EUR 100 million more than just five years ago, the company has announced.
SERBIA: inflation triggered a 12% - 15% rise in the MTPL premiums
MTPL premiums went up, depending on the insurance provider, by 12% - 15% for all vehicle categories, osiguranje.hr reported quoting the Association of Insurers of Serbia (UOS). After the "prices war" in August 2022, this time the prices are harmonized with the National Bank of Serbia (NBS), the association said.
STATISTICS: Serbia's insurers business expanded by 12.20% y-o-y during 3Q2022
Serbian insurance market ended the first three quarters of 2022 with aggregate GWP worth RSD 99.39 billion (~EUR 847 million), up by 12.20% y-o-y, according to the quarterly figures published on the website of National Bank of Serbia (NBS). Non-life GWP was up by 14.31% y-o-y to RSD 79.17 billion, while the life insurance segment totaled RSD 20.22 billion, up by 4.64% y-o-y.
STATISTICS: Serbian H1 insurers' business increased by 12% y-o-y
Serbian insurance market expanded by almost 12% y-o-y during H1 2022 to RSD 67.56 billion (~EUR 575.5 million), according to the quarterly figures published on the website of National Bank of Serbia (NBS).
SERBIA: Serbian Insurance Days to be held on 15-18 November
This year's Serbian Insurance Days will be held on 15-18 November in Zlatibor - the most important and probably the most attractive tourist destination in Serbia, in the "Zlatibor Mountain Resort&SPA" hotel, the Association of Serbian Insurers informed.

3 December 2024