Top 100 Insurers

SEE TOP 100 insurers is a ranking of the largest insurers (excluding re-insurers) in Southeast Europe in terms of gross written premium from non-consolidated income statements for 2018.

To allow comparison, all local currencies have been converted into euro, using the central banks’ official exchange rates on the last working day of 2018 and 2017, respectively. Local currency figures have been used when calculating year-on-year changes.

All data is sourced from central banks, national commercial registers, financial supervision commissions, insurance associations, government and corporate websites, and companies themselves.

The initial pool of companies exceeds 240 insurers.

Gross written premium and net profit/loss figures are in millions of euro.

2017 2016 Company name Country Gross written premium 2017 Y/Y change in GWP Net profit/loss 2017 Net profit/loss 2016
21 21 Armeec AD Bulgaria 106.3 6.76% 2.7 3.8
22 28 Wiener Osiguranje Vienna Insurance Group d.d. Croatia 103.4 29.11% 5.7 3.7
23 22 Generali Zavarovalnica d.d. Slovenia 102.3 3.06% 4.7 2.7
24 24 DDOR Novi Sad AD Serbia 101.3 9.02% 5.4 4.1
25 25 Wiener Stadtische Osiguranje AD Serbia 98.7 6.75% 5.7 3.1
26 36 Bul Ins AD Bulgaria 97.8 52.89% 2.8 0.018
27 20 Generali Romania SA Romania 96.6 -6.46% 9.2 12.1
28 32 Generali Osiguranje d.d. Croatia 96.2 26.22% 1.9 1.8
29 29 Adriatic Osiguranje d.d. Croatia 89.3 11.71% 8.3 5.7
30 34 Euroins AD Bulgaria 88.4 20.11% 1.1 0.020