For the January-September 2016 period, the aggregate GWP value of Serbian insurers was up by 10% on the year to RSD 66.7 billion (EUR 541 million), the data, published by the National Bank of Serbia (NBS) indicated.

Non-life segment made up 76.8% of total vs. 78.5% in 3Q2015, while life insurance accounted for 23.2%, up from 21.5% last year thanks to a nominal growth in GWP of 19%, as the central bank data showed. In terms GWP, the non-life sector was up by 7.6% y-o-y.

State-owned DUNAV Osiguranje remained the Serbia's top insurer by GWP volume, with a 26.6% market share, followed by GENERALI Osiguranje (22.8%) and the Novi Sad based - DDOR (part of the Gruppo Assicurativo UNIPOL) with 12%.

Access www.xprimm.com and download the 3Q2016 Serbian insurance market statistics.

Market portfolio (in EUR and RSD):

• Gross written premiums
• Paid claims
• Growth rates

Market rankings (GWP/Claims/Market shares - in EUR and RSD):

• Total market ranking
• Life insurance ranking
• Non-life insurance ranking