Top 100 Insurers

Against the backdrop of political and regulatory uncertainty, consistently low interest rates and increased competition, the top insurers in Southeast Europe (SEE) booked record high gross written premiums (GWPs) and net profit for a second straight year in 2017.

The top 100 insurers generated 7.5 billion euro in GWP in 2017, as 79 of them saw an increase in their GWP, including 31 that posted double-digit growth. The major insurers in the region also managed to grow their combined profit by an annual 10.2% to a record-high 397.9 million euro.

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
51 56

UNIQA Nezivotno Osiguranje AD

Serbia 31.3 3.6% 1.1 0.539
52 54

Sigal UNIQA Group Austria Sh.a.

Albania 30.1 -0.59% 1.9 2.7
53 52

Lovcen Osiguranje AD

Montenegro 29.9 -0.02% 0.124 0.108
54 57

UNIQA AD

Bulgaria 29.9 4.35% -1.2 -1.3
55 53

UNIQA Osiguranje d.d. Sarajevo

Bosnia and Herzegovina 29.6 -0.84% 0.851 1
56 58

Wiener Stadtische Versicherung AG - Branch Ljubljana

Slovenia 29.5 3.91% 3.8 5.2
57 78

Modra Zavarovalnica d.d.

Slovenia 29.2 76.65% 7.8 6.6
58 59

Sarajevo Osiguranje d.d.

28.7 28.7 1.76% 0.132 0.028
59 61

Euroherc Osiguranje d.d.

Bosnia and Herzegovina 28.7 4.59% 3.5 3.1
60 65

BRD Asigurari de Viata SA

Romania 28.5 12.06% 4.1 3.5