The Insurance Agency of Bosnia's Serb Republic said on Wednesday that it has instated an interim administrator at local insurer Krajina Osiguranje for a period of three months. All insurance contracts signed with Krajina Osiguranje, remain valid, the agency said in a statement on its website.

Total number of road motor vehicles registered in Bosnia and Herzegovina last year amounts to 952.590. Of the total number of registered vehicles in 2015, 87 percent are passenger vehicles, eight percent are freight vehicles, three percent are trailers, while the remaining two percent are other categories of vehicles.

The Bosnian unit of Austrian insurance group UNIQA said on Thursday its net profit doubled to 1.8 million marka (920,300 euro) in 2015.

The privatization plan of FBiH in this year includes the following economy societies: Energopetrol JSC Sarajevo, Energoinvest JSC Sarajevo, Aluminij JSC Mostar, Tobacco Factory Sarajevo JSC Sarajevo, and the Sarajevo osiguranje JSC Sarajevo, it was stated from the Cabinet of the Prime Minister of FBiH Fadil Novalic.

The Bosnian insurance market saw a 4.7% y-o-y growth, to GWP of EUR 301 million, while paid claims remained fairly stable at the previous year's level, of EUR 128 million. It is however interesting to observe that the strongest contribution to the market growth belonged to insurers from smallest administrative entity of the country, the Republica Srpska. Thus, RS's share in the overall premium production increased by about 1.5 pp, to 29%.

Bosnian insurer Bobar Osiguranje said on Friday it has completed a public offering of ordinary shares ahead of planned after the shares were sold out.

Bosnia's Standard Group has decided not to go through with the acquisition of a majority interest in local insurer Bobar Osiguranje, local media reported on Thursday. Standard Group has abandoned earlier plans to recapitalise Bobar Osiguranje with 3.8 million marka (1.9 million euro), news portal Capital.ba reported.

Bosnian insurer Bobar Osiguranje said on Friday it will launch a public offering on December 14 to sell 38,000 ordinary shares via the Banja Luka Stock Exchange. The par value of one share is set at 100 marka, the insurer said in a bourse filing.

Based on the figures released by the insurance agencies in the Federation of Bosnia and Herzegovina (FBiH) and the Srpska Republic (RS), in 3Q2015 the aggregate value of GWP by the 24 insurers active in the two administrative entities that formed the country was EUR 227.2 million, or 4.4% more y-o-y. Overall, the value of claims paid increased by almost 5% y-o-y to EUR 96 million.

Bosnian insurance company Bobar Osiguranje said on Monday it will borrow 5 million marka (2.6 million euro) from the local Bor Banka. The company's shareholders approved the loan on November 9, the insurer said in a filing with the Banja Luka Stock Exchange.

Bosnian insurance company Bobar Osiguranje said its shareholders have approved cutting its capital by 11.95 million marka (6.1 million euro) to 1.3 million marka through the cancellation of shares while also backing the issue of new shares with the aim to cover losses and for legal reserve purposes.

The net profit of Bosnian insurer ASA Osiguranje surged to 131,000 marka (67,100 euro) in the first nine months of 2015 from 11,400 marka a year earlier, the company said on Monday in a bourse filing.

Bosnian insurance company Dunav Osiguranje said on Thursday its net loss narrowed to 1.3 million marka (664,700 euro) in the first nine months of 2015 from 2.5 million marka a year earlier.

The Insurance Agency of Bosnia's Serb Republic said on Thursday that Naveen Aggarwal, the director of the Belgrade-based S&A Capital Investments, and another Indian national have submitted a request to acquire a stake in currently majority state-owned insurer Krajina Osiguranje.

The Insurance Agency of Bosnia's Serb Republic confirmed on Monday that Bijeljina-based company Standard Group is seeking a nod to become a majority shareholder in local insurer Bobar Osiguranje. A spokesperson for the Agency told SeeNews in an email that the request submitted by Standard Group is currently being processed.

Bijeljina-based Standard Group is interested in recapitalising Bosnian insurer Bobar Osiguranje with some 4 million marka (2.04 million euro), becoming a 76% shareholder in the company, local media reported.

Bosnian insurance company Dunav Osiguranje said on Monday it plans to hike capital by 3.3 million marka (1.7 million euro) through a new share issue in a placement to a qualified investor. Dunav Osiguranje plans to issue 33,149 ordinary shares with a par value of 100 marka each, the company said in a filing with the Banja Luka Stock Exchange.

The 24 insurers operating in the two administrative entities of Bosnia and Herzegovina (FBiH - Federation of Bosnia and Herzegovina and RS - Republika Srpska) reported GWP of BAM 293.8 million (EUR 150.23 million), up 3.7% y-o-y, according to the aggregate figures provided by the two market authorities (NADOS - Insurance Supervisory Agency of FBiH and AZORS - Insurance Agency of RS).

Bosnian insurer Bobar Osiguranje said on Tuesday it has extended until October 29 the validity of a public offer for the sale of 70,000 new ordinary shares via the Banja Luka Stock Exchange. Bobar Osiguranje said in a bourse filing that Maltese company Argentarius ETI Management LTD has expressed interest in purchasing over 50% of company's capital and added that it has decided to extend the deadline for the share issue by a period of 30 days so that the foreign investor can meet the relevant legal and company procedures for the acquisition.

The net profit of Bosnian insurer Sarajevo Osiguranje dropped 32.2% to 105,000 marka in the first half of 2015, the company said on Wednesday. Sarajevo Osiguranje's gross written premiums fell 11.8% to 31.8 million marka through June, while its net operating costs decreased to 9.5 million marka from 11.4 million marka, the insurance company said in a filing with the Sarajevo Stock Exchange.