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
51 65 Adriatic Osiguranje d.d. Bosnia and Herzegovina 33.7 31.75% 0.266 2.3
52 51 UNIQA Nezivotno Osiguranje AD Serbia 33.5 6.83% 1.5 1.1
53 52 Sigal UNIQA Group Austria Sh.a. Albania 33.3 2.74% 1.5 1.9
54 66 Gothaer Asigurari Reasigurari SA Romania 33.1 29.70% -8.9 -4.6
55 48 Grawe Osiguranje AD Serbia 33.1 1.49% 5.3 4.0
56 49 Pool-ul de Asigurare Impotriva Dezastrelor Naturale SA Romania 32.9 2.84% 8.3 8.5
57 55 UNIQA Osiguranje d.d. Sarajevo Bosnia and Herzegovina 31.6 6.62% 0.946 0.851
58 53 Lovcen Osiguranje AD Montenegro 30.7 2.78% 0.412 0.124
59 58 Sarajevo Osiguranje d.d. Bosnia and Herzegovina 30.6 6.36% 0.244 0.132
60 56 Wiener Stadtische Versicherung AG - Branch Ljubljana Slovenia 30.6 3.69% 4.5 3.9