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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):
|Premiums||% of total||Premiums||% of total|
|DDOR Novi Sad||2.870||11.6||2.873||11.9|
|Wiener Staedtische osiguranje||2.671||10.8||2.772||11.5|
(1 euro = 117.975 dinars)