BELGRADE (Serbia), June 13 (SeeNews) – Insurer Dunav Osiguranje saw its stake of total premium income in the Serbian insurance sector fall to 27.7% in the first quarter of 2017 from 28.3% in the like period of last year, but the company remained the leader in the sector, data by central bank NBS showed.
Dunav Osiguranje generated a premium income of 6.682 billion dinars ($205.4 million/54.6 million euro) in the first three months of this year, the largest among Serbian insurers, and was followed by Generali, with 5.151 billion dinars, or 21.3% of the total, NBS said in its annual insurance sector report on Monday.
The capital adequacy ratio of Serbian life insurers stood at 260.5% at the end of March, while the one of non-life insurers amounted to 232.4%, NBS said.
Details about the premium income of the top five Serbian insurers follow (in billions of dinars):
|
Q1' 16 |
Q1' 17 |
|
Premiums |
% of total |
Premiums |
% of total |
Dunav Osiguranje |
6.199 |
28.3 |
6.682 |
27.7 |
Generali Srbija |
5.128 |
23.4 |
5.151 |
21.3 |
DDOR Novi Sad |
2.569 |
11.7 |
2.873 |
11.9 |
Wiener Staedtische osiguranje |
1.931 |
8.8 |
2.772 |
11.5 |
Triglav Osiguranje |
0.998 |
4.5 |
1.382 |
5.7 |
(1 euro = 122.487 dinars)
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