Dunav Osiguranje generated a premium income of 20.431 billion dinars ($194.5 million/173.8 million euro) in the first nine months of 2019, up from 20.048 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 17.125 billion dinars of premium income, or 21.7% of the total, according to the report.
The capital adequacy ratio of Serbian life insurers stood at 252.5% at the end of September, while the total capital adequacy ratio of insurers amounted to 213.8%, 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 | 20.431 | 25.9% | 20.048 | 26.9% |
Generali Srbija | 17.125 | 21.7% | 16.444 | 22.0% |
DDOR Novi Sad | 9.525 | 12.1% | 9.017 | 12.1% |
Wiener Staedtische osiguranje | 9.009 | 11.4% | 8.491 | 11.4% |
Triglav Osiguranje | 5.070 | 6.4% | 4.490 | 6.0% |
(1 euro = 117.659 dinars)