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
81 86

GRAWE Bulgaria Life Insurance EAD

Bulgaria 16 9.07% 1.8 1.1
82 91

Signal Iduna Asigurari de Viata SA

Romania 15.9 23.34% -0.898 -1.4
83 84

Merkur BH Osiguranje d.d.

Bosnia and Herzegovina 15.6 5.57% 1 1.1
84 87

SID – Prva Kreditna Zavarovalnica d.d.

Slovenia 15.1 4.34% 1.2 1.7
85 83

UNIQA Zivotno Osiguranje AD

Serbia 14.9 -3.65% 0.491 0.778
86 88

Eurolink Osiguruvanje AD

Macedonia 14.7 6.96%% 0.115 0.774
87 94

Albsig sh.a.

Albania 14.7 12.55% 0.642 0.688
88 98

Societe Generale Osiguranje AD

Serbia 14.3 12.26% 0.505 0.519
89 90

Certasig - Societate de Asigurare si Reasigurare SA

Romania 14 7.63% -1.9 0.434
90 97

Prva Osebna Zavarovalnica d.d.

Slovenia 13.7 10.66% 3.1 3.3