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

Dunav Osiguranje's share of Serbian insurers' premium income rises in Q1 - table Dunav Osiguranje logo

BELGRADE (Serbia), July 3 (SeeNews) – Insurer Dunav Osiguranje saw its share of the total premium income of Serbia's insurance sector rise to 28.0% in the first quarter of 2018 from 27.7% in the like period of the previous year, and the company remains leader in the sector, the central bank said.

Dunav Osiguranje generated a premium income of 6.923 billion dinars ($68.4 million/58.7 million euro) in the first quarter, the largest premium income among Serbian insurers, the central bank, NBS, said in a quarterly report on the performance of the country's insurance sector published.

Generali followed with 5.636 billion dinars of premium income, or 22.8% 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 223.9%, NBS said.

Details of the premium income of the top five Serbian insurers follow (in billions of dinars):

  Q1'18 Q1'17
  Premiums % of total Premiums % of total
Dunav Osiguranje 6.923 28.0 6.682 27.7
Generali Srbija 5.636 22.8 5.151 21.3
DDOR Novi Sad 2.870 11.6 2.873 11.9
Wiener Staedtische osiguranje 2.671 10.8 2.772 11.5
Triglav Osiguranje 1.454 5.9 1.382 5.7

(1 euro = 117.975 dinars)

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