BELGRADE (Serbia), May 16 (SeeNews) – Insurer Dunav Osiguranje saw its stake of total premium income in the Serbian insurance sector decline to 25.7% in 2016 from 26.5% in the previous year, but the company remained the leader in the sector, data by central bank NBS showed.
Dunav Osiguranje generated a premium income of 22.9 billion dinars ($205.4 million/186 million euro), the largest among Serbian insurers, and was followed by Generali, with 19.9 billion dinars, or 22.2% of the total, NBS said in its annual insurance sector report on Monday.
The capital adequacy ratio of Serbian life insurers stood at 217% at the end of March, while the one of the non-life insurers amounted to 244.7%, NBS said.
The return on assets (ROA) of life and non-life insurers in Serbia stood at 2.9% and 1.9%, respectively.
Details about the premium income of the top five Serbian insurers follow (in billions of dinars):
|
2015 |
2016 |
|
Premiums |
% of total |
Premiums |
% of total |
Dunav Osiguranje |
21.461 |
26.5 |
22.893 |
25.7 |
Generali Srbija |
18.633 |
23.0 |
19.830 |
22.2 |
DDOR Novi Sad |
9.408 |
11.6 |
10.330 |
11.6 |
Wiener Staedtische osiguranje |
7.872 |
9.7 |
9.510 |
10.7 |
Triglav Osiguranje |
3.405 |
4.2 |
4.229 |
4.7 |
(1 euro = 123.139 dinars)
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