August 15 (SeeNews) - Insurer Dunav Osiguranje saw its share of the total premium income of Serbia's insurance sector decline to 26.4% at the end of March from 26.7% in the like period of last year, and the company remains leader in the sector, the central bank said on Wednesday.
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)
Triglav Osiguranje d.d. is among the biggest insurers in SEE. You can download our SEE Top 100 ranking
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