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BELGRADE (Serbia), August 5 (SeeNews) – Insurer Dunav Osiguranje saw its share of the total premium income of Serbia's insurance sector decline to 25.7% at the end of March from 28.0% a year earlier, but the company remains leader in the sector, the central bank said.
Dunav Osiguranje generated a premium income of 6.394 billion dinars ($60.3 million/54.3 million euro) in the first quarter of 2019, 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 5.489 billion dinars of premium income, or 22.1% of the total, according to the report.
The capital adequacy ratio of Serbian life insurers stood at 276.9% at the end of March, while the capital adequacy ratio of non-life insurers amounted to 231.3%, NBS said.
Details of the premium income of the top five Serbian insurers follow (in billions of dinars):
|Premiums||% of total||Premiums||% of total|
|DDOR Novi Sad||2.938||11.8||2.870||11.6|
|Wiener Staedtische osiguranje||2.917||11.7||2.671||10.8|
(1 euro = 117.754 dinars)