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Serbian Insurer Milenijum's Jan-Sept Net Profit Rises 69% to 20.2 Mln Dinars (209,435 euro)

Dec 17, 2009, 2:22:41 PMArticle by Vera Ovanin
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BELGRADE (Serbia), December 17 (SeeNews) – Serbian insurer Milenijum Osiguranje, part of the Croatia Osiguranje group, said its net profit rose by 69% on the year to 20.2 million dinars ($300,435/209,435 euro) in the first nine months of 2009.

Serbian Insurer Milenijum's Jan-Sept Net Profit Rises 69% to 20.2 Mln Dinars (209,435 euro)

The insurer's premium income grew by 23% to 739.2 million dinars through September, in line with plan, its CEO Veljko Knezevic said in a statement on Wednesday.

Twenty-five insurance companies operated in Serbia at the end of September, central bank data showed . The top five by premium income among them were  Dunav Osiguranje, DDOR, Delta Generali Osiguranje, Wiener Staedtische Osiguranje and Grawe Osiguranje.

(1 euro=96.4499 Serbian dinars)

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