Serbian insurers ended 3Q2025 with total GWP worth RSD 143.8 billion (EUR 1.22 billion), which is ~ 8.4% more y-o-y, according to statistical data published by the National Bank of Serbia (NBS). Paid claims increased at a similar pace, reaching RSD 64.42 billion (EUR 549.7 million).

The market portfolio’s structure remained largely unchanged y-o-y, with life insurance accounting for 16.6% of the total GWP, while non-life holds the dominant role. Motor insurance lines generated almost half of the non-life GWP, while property insurance contributed close to 20%.

Dunav is the absolute market leader, with a market share of 26.14% of the total GWP, followed by the local subsidiary of the Italian Generali – GeneraliOsig -, with 19.1% and DDOR, with 10.44%.

Access www.xprimm.com and download the Serbian insurance market statistics.