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):
|
Q1'19 |
Q1'18 |
|
Premiums |
% of total |
Premiums |
% of total |
Dunav Osiguranje |
6.394 |
25.7 |
6.923 |
28.0 |
Generali Srbija |
5.489 |
22.1 |
5.636 |
22.8 |
DDOR Novi Sad |
2.938 |
11.8 |
2.870 |
11.6 |
Wiener Staedtische osiguranje |
2.917 |
11.7 |
2.671 |
10.8 |
Triglav Osiguranje |
1.658 |
6.7 |
1.454 |
5.9 |
(1 euro = 117.754 dinars)
Wiener Stadtische Osiguranje AD is among the biggest insurers in SEE. You can download our SEE Top 100 ranking
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