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
91 82

Makedonija Skopje - Vienna Insurance Group AD

Macedonia 13.6 -10.68% 1.6 2.2
92 74

ERGO Asigurari SA

Romania 13.5 28.48% 0.01 -0.454
93 New

ERGO Versicherung AG - Branch Slovenia

Slovenia 13.2 20.14% -0.265 -2.9
94 99

Sava Osiguruvanje AD

Macedonia 12.7 6.16% 0.358 0.466
95 New

ERGO Osiguranje d.d. (formerly Victoria Osiguranje d.d.)

Croatia 12.7 42.05% -1.7 -2.6
96 100

Intersig Vienna Insurance Group Sh.a.

Albania 12.5 4.08% 0.504 0.316
97 New

Sava Montenegro AD

Montenegro 12.4 5.99% 1.2 1.2
98 New

UNIQA Asigurari de Viata SA

Romania 12.2 13.76% 0.679 0.081
99 96

Drina Osiguranje a.d.

Bosnia and Herzegovina 12 3.31% 2.6 2.3
100 92

Winner Vienna Insurance Group AD

Macedonia 11.9 -8.5% 0.786 0.686