Serbian insurers ended 3Q2025 with total GWP worth RSD 143.8 billion (EUR 1.22 billion), which is ~ 8.4% more y-o-y, according to statistical data published by the National Bank of Serbia (NBS). Paid claims increased at a similar pace, reaching RSD 64.42 billion (EUR 549.7 million).

The market is dominated by non-life insurance with 83.7%, said Željko Jović, Vice Governor of the NBS (National Bank of Serbia), at the 9th Serbian Insurance Days which took place on November 26 and 27 at the Zlatibor Hotel in Zlatibor.

The conference under the title "Key Trends in the Financial and Real Sectors", held at the Zlatibor Hotel in Zlatibor from September 22-24, represents the first result of the Cooperation Agreement signed by the three institutions in June, the Insurance Association reports.

According to the Serbian state-controlled insurer Dunav Osiguranje, its consolidated net profit rose by 54% on the year in the first six months of 2025 to RSD 2.9 billion (EUR 24.8 million), SeeNews writes.

Serbian insurers ended 1H2025 with total GWP worth RSD 97.6 billion (EUR 833 million), which is almost 10% more y-o-y, according to statistical data published by the National Bank of Serbia (NBS). Paid claims increased at a similar pace, reaching RSD 42.17 billion (EUR 360 million). The market portfolio’s structure remained largely unchanged y-o-y, with life insurance accounting for 16.3% of the total GWP, while non-life holds the dominant role. Motor insurance lines generated almost half of the non-life GWP, while property insurance contributed close to 20%.

Serbian insurers ended 1Q2025 with total GWP worth RSD 45 billion (EUR 384 million), which is almost 8% more y-o-y, according to the end-quarter statistics published by the National Bank of Serbia (NBS).

According to the Serbian insurer Dunav Osiguranje, its consolidated net profit rose to RSD 3.5 billion (EUR 30 million) in 2024 from RSD 2.5 billion in the prior year, SeeNews writes.

The Association of Serbian Insurers has signed a Cooperation Agreement with the Serbian Chamber of Commerce and the Serbian Banking Association, which envisages joint work on the development of the financial services market, the Association said on its website.

The insurance market of Serbia ended 2024 with aggregate GWP worth EUR 1.51 billion, up by 14.41% y-o-y), of which non-life insurance amounted to EUR 1.23 billion (+16.08%), while the life insurance segment totaled EUR 280 million, up by 7.56% y-o-y.

Before the coronavirus, barely 10% of arable land was insured in Serbia, and now it is around 15%, said the Secretary General of the Association of Serbian Insurers (UOS), Duško Jovanović, osiguranje.hr writes.

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.

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.

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:

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.

“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 8^th edition of the Serbian Insurance Days Conference, organized on November 27 in Zlatibor.

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).

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).

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).

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.

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.