Montenegro

Location:
Southeastern Europe, between the Adriatic Sea and Serbia

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

Natural hazards:
destructive earthquakes

Currency: EURO

Sources:
Insurance Supervision Agency of Montenegro
Central Bank of Montenegro

Insurance statistics

1Q2017Market Portfolioxlsx
1Q2017Insurance Companies Rankingsxlsx
FY2016
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FY2016Insurance companies rankingsxlsx
3Q2016Market Portfolioxlsx
3Q2016Insurance Companies Rankingsxlsx
1H2016Market portfolioxlsx
1H2016Insurance companies rankingsxlsx
1Q2016Market Portfolioxlsx
1Q2016Insurance Companies Rankingsxlsx
FY2015
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3Q2015Market Portfolioxlsx
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1H2015Market portfolioxlsx
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1Q2015Market Portfolioxlsx
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FY2014
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3Q2014Market Portfolioxlsx
3Q2014
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1H2014Insurance market overview pdf
1H2014Market Portfolioxlsx
1H2014Insurance Companies Rankingsxlsx
1Q2014Market Portfolioxlsx
1Q2014Insurance Companies Rankingsxlsx
FY2013Insurance market overview pdf
FY2013
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3Q2013Market Portfolioxlsx
3Q2013Insurance Companies Rankingsxlsx
1H2013Insurance market overview pdf
1H2013Market Portfolioxlsx
1H2013Insurance Companies Rankingsxlsx
1Q2013Market Portfolioxlsx
1Q2013Insurance Companies Rankingsxlsx
FY2012Insurance market overview pdf
FY2012Market Portfolioxlsx
FY2012Insurance Companies Rankingsxlsx
3Q2012Market portfolioxlsx
3Q2012Insurance companies rankingsxlsx
1H2012Insurance market overview pdf
1H2012Market Portfolioxlsx
1H2012Insurance Companies Rankingsxlsx
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
2010
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

MONTENEGRO: State helping agriculturalists with insurance

Minister of Agriculture and Rural Development of Montenegro Tarzan Milosevic expressed the satisfaction with the increase of sown areas in Montenegro during 2011. At the same time, Milosevic announces state subsidies for the insurance of agriculturalists and their families.

MONTENEGRO: politicians want a national insurer to weigh down the Slovene players

During a recent session of the Montenegrin Committee for Economy, Finance and Budget, a representative of the main opposition party, the Socialist People's Party (SNP), Dragoslav SCEKIC said that Montenegro should form a national insurance house and prevent the outflow of money through other insurance companies. In his view, "there is monopoly in this sector, which is controlled by Slovenian insurance companies, which is the reason for the outflow of capital".

MONTENEGRO: Housing insurance business slowing down in 3Q

Montenegrin's insurance market growth slowed down in the third quarter of 2011: after a half year 5.63% growth rate, the 3Q results show a 4.9% y-o-y nominal increase in GWP, up to EUR 49.5 million. Life insurance countinued to register a higher dynamic than the non-life sector. The most visible slowing-down may be observed on the property insurance segment. Thus, the impressive 16.50% growth rate reported in 1H 2011 nearly halved in the 3Q statistics.

VIG: Market entry in Montenegro - Entry into the property/casualty insurance business in Lithuania

VIENNA Insurance Group is continuing its expansion path into Central and Eastern Europe even during economically difficult times and underscores its commitment to these future markets. With the market entry planned in Montenegro, the leading insurance group of this region will develop the overall 24th country as a market for itself. Furthermore, the non-life insurance business in Lithuania will be started from Poland. At the same time, the DONAU Versicherung is extending its product range on the Italian market and is going to sell motor liability insurance.