According to data of the Insurance Supervision Agency of Montenegro, gross premiums for the 12 insurance companies totaled EUR 15.6 million at the end of March, up 14.2% in relation to the same period of 2011.

The figures recently published, indicates that non-life insurance segment increased by 15.8% to EUR 13.7 million, while the written gross premiums for life insurance increased by 4.6% to EUR 1.9 million.

LOVCEN still leads the local insurance market (39% market share), followed by DELTA GENERALI (about 20%) and SAVA Montenegro (15%).

Access www.xprimm.com and download the 1Q2012 Montenegrin insurance market statistics.

Market portfolio:

• Gross written premiums
• Growth rates
  

Market rankings (Total, life and non-life insurance):

• Gross written premiums
• Market shares 
• Growth rates