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
61 59 Euroherc Osiguranje d.d. Bosnia and Herzegovina 30.5 6.04% 3.6 3.5
62 64 Milenijum Osiguranje AD Serbia 29.3 11.95% 1.3 3.3
63 67 Sigma Interalbanian Vienna Insurance Group Sh.a. Albania 28.5 4.33% 0.925 0.637
64 63 Hrvatska Osiguravajuca Kuca d.d. Croatia 28.2 4.04% 1.4 1.1
65 68 AMS Osiguranje AD Serbia 27.8 11.74% 1.0 2.1
66 47 ERGO Asigurari de Viata SA Romania 26.7 -18.52% 1.3 0.812
67 73 Grawe Osiguranje d.d. Sarajevo Bosnia and Herzegovina 26.7 21.70% 1.0 0.667
68 69 Croatia Osiguranje d.d. Bosnia and Herzegovina 25.1 2.14% 0.069 0.818
69 62 Allianz Bulgaria Life AD Bulgaria 25.0 -7.97% 0.500 3.4
70 77 Triglav Insurance AD North Macedonia 23.2 8.60% 0.512 1.4