Southeastern Europe, between the Adriatic Sea and Serbia

Mediterranean climate, hot dry summers and autumns and relatively cold winters with heavy snowfalls inland

Natural hazards:
destructive earthquakes

Currency: EURO

Insurance Supervision Agency of Montenegro
Central Bank of Montenegro

Insurance statistics

1Q2017Market Portfolioxlsx
1Q2017Insurance Companies Rankingsxlsx
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FY2016Insurance companies rankingsxlsx
3Q2016Market Portfolioxlsx
3Q2016Insurance Companies Rankingsxlsx
1H2016Market portfolioxlsx
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1Q2016Market Portfolioxlsx
1Q2016Insurance Companies Rankingsxlsx
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FY2015Insurance companies rankingsxlsx
3Q2015Market Portfolioxlsx
3Q2015Insurance Companies Rankingsxlsx
1H2015Market portfolioxlsx
1H2015Insurance companies rankingsxlsx
1Q2015Market Portfolioxlsx
1Q2015Insurance Companies Rankingsxlsx
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FY2014Insurance companies rankingsxlsx
3Q2014Market Portfolioxlsx
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1H2014Insurance market overview pdf
1H2014Market Portfolioxlsx
1H2014Insurance Companies Rankingsxlsx
1Q2014Market Portfolioxlsx
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FY2013Insurance market overview pdf
Market portfolioxlsx
FY2013Insurance Companies Rankingsxlsx
3Q2013Market Portfolioxlsx
3Q2013Insurance Companies Rankingsxlsx
1H2013Insurance market overview pdf
1H2013Market Portfolioxlsx
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1Q2013Market Portfolioxlsx
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FY2012Insurance market overview pdf
FY2012Market Portfolioxlsx
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3Q2012Market portfolioxlsx
3Q2012Insurance companies rankingsxlsx
1H2012Insurance market overview pdf
1H2012Market Portfolioxlsx
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1Q2012Market Portfolioxlsx
1Q2012Insurance Companies Rankingsxlsx
FY2011Insurance market overview pdf
FY2011Market Portfolioxlsx
FY2011Insurance Companies Rankingsxlsx
3Q2011Market portfolioxlsx
3Q2011Insurance companies rankingxlsx
1H2011Insurance market overviewpdf
1H2011Market portfolio and rankingsxls
Insurance market overviewpdf
2010Market portfolio and rankingsxlsx
2009Montenegrin insurance market overview pdf
2009Market portfolioxls
2009Life insurance rankingsxls
2009Non-Life insurance rankingsxls
1H2010Montenegrin insurance market overviewpdf
1H2010Market portfolioxls
1H2010Life insurance rankingsxls
1H2010Non-Life insurance rankings (total & main lines)xls

Montenegro 3Q2017 Insurance Companies Rankings

Montenegro 3Q2017 Market Portfolio

See all statistics

STATISTICS: In 3Q15 MONTENEGRIN insurers issued 51,000 more contracts vs. Jan-Sep '14

Montenegrin insurance companies reported aggregate GWP of EUR 57.3 million during January-September 2015, 6.3% more y-o-y, according to the preliminary figures published on the country's Insurance Supervision Agency website. Non-life insurance premiums totaled EUR 48.5 million, up by 6.9% on the year, while the life insurance segment generated premiums of EUR 8.8 million, 4.0% more y-o-y.

STATISTICS: MONTENEGRO, 1H2015: Restarting growth

Judging by the first six months results, it seems that the Montenegrin insurance market is recovering in 2015, with improved dynamics on almost all business lines. Thus, after ending 2014 with a drop in GWP, in 1H2015 the overall premium volume went up by 4.8% y-o-y, to almost EUR 37 million.

STATISTICS: Montenegrin insurers Q1 GWP up 9%

The 11 Montenegrin insurers activating on the market reported aggregate gross written premiums of EUR 17.06 million for the January-March 2015 period, up from EUR 15.63 million in 1Q2014, the figures published by the country's Insurance Supervision Agency indicated.

STATISTICS: MONTENEGRIN market ended 2014 "in red", influenced by decreases in property and motor insurance

The Montenegrin insurance market totaled EUR 72.41 million at the end of 2014, 0.50% less y-o-y, according to the preliminary statistics published by the local Insurance Supervision Agency. As in the previous reporting periods, the two market segments recorded similar dynamics: Non-life insurance GWP was down by 3.31% (to EUR 59.85 million), while the total life insurance premium grew by 15.45% (to EUR 12.56 million).

MONTENEGRIN insurers' Nov gross written premiums edge up 0.4% m/m

Montenegrin insurance companies posted combined gross written premiums of 6.02 million euro  in November, down from 6.0 million euro a month earlier, the country's Insurance Supervision Agency said. Non-life insurance premiums totalled 4.973 million euro in November, up 1.4% on the month, data from the Insurance Supervision Agency of Montenegro indicated.

MONTENEGRO: Societe Generale Banka in bancassurance deal with Uniqa

Societe Generale Banka Montenegro said on Wednesday it has signed a deal with local non-life insurer Uniqa to enable its clients to buy insurance policies at the bank's branches. In the life insurance segment, Societe Generale Banka Montenegro partners with insurer Merkur, the lender said in a statement.