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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