Insurance in Serbia
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Insurance in Serbia refers to the
For example, a property insurance company may agree to bear the risk that a particular piece of property (e.g., a car or a house) may suffer a specific type or types of damage or loss during a certain period of time in exchange for a fee from the policyholder who would otherwise be responsible for that damage or loss. That agreement takes the form of an insurance policy.[2]
History
The earliest traces are found in medieval Serbia, in Dušan's Code. It is envisaged that the damage to property landlords compensate from the imperial treasury, and then the funds were restored from taxes.
Later, the insurance developed in various forms, through the solidarity of members and their families in fraternities and
Insurance companies
As of 2016, these are the largest companies in Serbian insurance market by premium income:[3]
Name | Parent | Non-life premium | Non-life market share | Life premium | Life market share | Total premium | Total market share |
---|---|---|---|---|---|---|---|
Dunav osiguranje | None | €174.43 million | 32.6% | €10.97 million | 5.9% | €185.41 million | 25.7% |
Generali Osiguranje | Assicurazioni Generali | €104.14 million | 19.5% | €56.47 million | 30.1% | €160.60 million | 22.2% |
DDOR Novi Sad | UnipolSai | €75.17 million | 14.1% | €8.49 million | 4.6% | €83.66 million | 11.6% |
Wiener Städtische | Vienna Insurance Group | €35.81 million | 6.7% | €41.21 million | 22.0% | €77.02 million | 10.7% |
Triglav Osiguranje | Triglav Group | €32.10 million | 6.0% | €2.15 million | 1.2% | €34.25 million | 4.7% |
Grawe osiguranje | Grazer Wechselseitige Versicherung | €2.48 million | 0.5% | €28.86 million | 15.4% | €31.34 million | 4.3% |
UNIQA osiguranje | UNIQA Assicurazioni | €28.93 million | 5.4% | €0 | 0.0% | €28.93 million | 4.0% |
References
- ^ Black's Law Dictionary; Sixth Edition; Insurance; p. 802.
- ^ Mayhall, Van, III, Insurance: Defined Archived 20 January 2013 at the Wayback Machine, Insurance Regulatory Law. Retrieved 2011-06-09.
- ^ "INSURANCE SECTOR IN SERBIA" (PDF). nbs.rs (in Serbian). National Bank of Serbia. Retrieved 4 February 2018.