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Dunav Osiguranje's share of Serbian insurers' premium income declines in H1 - table

Author Radomir Ralev
Dunav Osiguranje's share of Serbian insurers' premium income declines in H1 - table Dunav Osiguranje logo

BELGRADE (Serbia), September 18 (SeeNews) – Insurer Dunav Osiguranje saw its share of the total premium income of Serbia's insurance sector fall to 25.9% at the end of June from 27.6% at the end of the first half of 2018, and the company remains leader in the sector, the central bank said.

Dunav Osiguranje generated a premium income of 13.907 billion dinars ($130.9 million/118.3 million euro) in the first half of 2019, down from 14.39 billion dinars, the largest premium income among Serbian insurers, the central bank, NBS, said in a report on the performance of the country's insurance sector.

Generali followed with 11.473 billion dinars of premium income, or 21.4% of the total, according to the report.

The capital adequacy ratio of Serbian life insurers stood at 243.0% at the end of June, while the total capital adequacy ratio of insurers amounted to 206.9%, NBS said.

Details of the premium income of the top five Serbian insurers follow (in billions of dinars):

  H1'19 H1'18
  Premiums % of total Premiums % of total
Dunav Osiguranje 13.907 25.9% 14.390 27.6%
Generali Srbija 11.473 21.4% 11.568 22.2%
DDOR Novi Sad 6.628 12.3% 6.309 12.1%
Wiener Staedtische osiguranje 6.169 11.5% 5.777 11.1%
Triglav Osiguranje 3.541 6.6% 3.132 6.0%

(1 euro = 117.659 dinars)

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