Serbian insurers ended the year 2023 with total GWP worth RSD 155.25 billion (EUR 1.32 billion), almost 16% more y-o-y, according to the end-year statistics published by the National Bank of Serbia (NBS).

At the same time, insurers’ payments increased by 19.28% y-o-y to RSD 80 billion, driven by increases reported on almost all non-life insurance subclasses.

In terms of GWP, DUNAV Osiguranje leads the market, with a 25.94% market share, followed by GENERALI Osiguranje with 18.66% market share, while Wiener ranks third, with 11.26% of the total GWP.

Access www.xprimm.com and download the FY2023 Serbian insurance market statistics.