Serbia
SERBIA: the Association of Serbian Insurers signed an Agreement on Protection of Visitors with Romania
In line with the strategic commitment to constantly improve existing and introduce new services for citizens, the Association of Serbian Insurers signed an Agreement on Protection of Visitors with Romania, effective from February 1, 2025, the Association said.
10 March 2025SERBIA: Generali withdraws from the Serbian Chamber of Commerce and the Association of Insurers
Generali Insurance has decided to withdraw from the Serbian Chamber of Commerce (PKS) and the Association of Insurers of Serbia (UOS), after both organizations refused to respond to recent media attacks targeting the company's Executive Board, Dragan Filipović, Serbia Business News wrote.
24 February 2025SorS Academy’s 2025 Insurance & Reinsurance Training Programs announced
SorS Academy has unveiled its lineup of specialized insurance and reinsurance courses for 2025, catering to professionals seeking in-depth knowledge and hands-on expertise. Here’s a look at the key programs:
5 February 2025STATISTICS: SERBIA 3Q2024: the market exceeded the GWP 1 billion threshold
The insurance market of Serbia ended the first three quarters of 2024 with aggregate GWP worth RSD 132.57 billion (~EUR 1.13 billion, up by 14.67% y-o-y), of which non-life insurance - RSD 109.13 billion (+15.86%), while the life insurance segment totaled RSD 23.44 billion, up by 9.44% y-o-y.
30 January 2025SERBIA: 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.
3 December 2024STATISTICS: 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).
20 November 2024STATISTICS: 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).
17 October 2024STATISTICS: 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).
4 June 2024SERBIA: 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.
23 April 2024SERBIA: 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.
9 April 2024SorS 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.
15 February 2024SERBIA: 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.
13 February 2024STATISTICS: 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.
16 January 2024SERBIA: 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.
5 December 2023SERBIA: 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.
8 November 2023STATISTICS: 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).
10 October 2023STATISTICS: 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).
17 August 2023STATISTICS: 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.
25 May 2023SERBIA: 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.
15 March 2023Serbian 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.
9 March 2023
