Dunav Osiguranje generated a premium income of 8.323 billion dinars ($72.5 million/70.9 million euro) in the first quarter of 2022, up from 7.425 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 6.256 billion dinars of premium income, or 19.8% of the total, according to the report.
The capital adequacy ratio of Serbian life insurers stood at 232.5% at the end of March, while the total capital adequacy ratio of insurers amounted to 251.1%, NBS said.
Details of the premium income of the top five Serbian insurers follow (in billions of dinars):
Q1'22 | Q1'21 | |||
Premiums | % of total | Premiums | % of total | |
Dunav Osiguranje | 8.323 | 26.4 | 7.425 | 26.7 |
Generali | 6.256 | 19.8 | 6.018 | 21.6 |
Wiener Staedtische osiguranje | 3.692 | 11.7 | 2.995 | 10.8 |
DDOR | 3.515 | 11.1 | 3.211 | 11.5 |
Triglav Osiguranje | 2.537 | 8.1 | 2.143 | 7.7 |
(1 euro = 117.353 dinars)