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
71 70

Energia AD

Bulgaria 23.4 4.00% 7.8 8.9
72 69

UBB-Life Insurance EAD (formerly UBB-Metlife Life Insurance Company AD)

Bulgaria 22.4 -0.81% 2.1 3.2
73 77

Grawe Osiguranje d.d. Sarajevo

Bosnia and Herzegovina 21.9 32.19% 0.667 0.961
74 95

Eurolife ERB Asigurari de Viata SA

Romania 21.8 71.51% 0.57 0.438
75 73

Triglav Osiguranje d.d. Sarajevo

Bosnia and Herzegovina 21.7 6.77% 0.919 0.591
76 89

DZI - Life Insurance AD

Bulgaria 21.7 61.34% 3.7 6.1
77 71

Triglav Insurance AD

Macedonia 21.3 -1.17% 1.4 0.887
78 79

Wiener Osiguranje Vienna Insurance Group a.d. Banja Luka

Bosnia and Herzegovina 17.9% 11.78% -1.2 -2.9
79 76

Eurosig Sh.a.

Albania 17.1 1.02% N/A -0.499
80 85

Sava Nezivotno Osiguranje AD

Serbia 17 11.15% 0.448 -0.014