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Serbia Insurance Q4 2019

Serbia Insurance Q4 2019

Key View :

In the two main segments of Serbia’s insurance sector the momentum of premiums is changing, but in differentdirections. In the non-life segment, which accounts for about three-quarters of all premiums written, growth will likely be negligiblein 2019. This is because of the contraction in the property insurance sub-sector. Premiums should, however, expand in the othersub-sectors - particularly for personal accident insurance. In the life segment, premiums should achieve double-digit growth in2019 as life insurance gains ground relative to bank deposits and other conduits for organised savings. Taking a long-term view,most factors are positive as the economy should expand and financial risk is being reduced as Serbia’s government prepares for thecountry’s accession to the EU. The sector is also dominated by regional majors who have access to capital, as well as strong brandsand know-how.

Key View
Insurance SWOT
Industry Forecast
Life Premiums Forecast
Non-Life Premiums Forecast
Non-Life Sub-Sector Forecast
Industry Risk/Reward Index
Emerging Europe Insurance Risk/Reward Index
Market Overview
Life Market Overview
Non-Life Market Overview
Company Profile
DDOR Novi Sad
Dunav Insurance Company
UNIQA Insurance Group
Vienna Insurance Group
Insurance Methodology

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