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Dunav Osiguranje's share of Serbian insurers' premium income falls slightly in Q1 - table

Author Radomir Ralev
Dunav Osiguranje's share of Serbian insurers' premium income falls slightly in Q1 - table Dunav Osiguranje logo

BELGRADE (Serbia), 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, for more reference take a look at Top 100 insurers
 
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