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(SRB) Recorded modest growth in insurance premiums in Serbia

Vibilia Beta 11914

(14/09/2011)

Total premium of the insurance sector in Serbia amounted 30, 6 billion dinars in the second trimester of the year 2011, modest growth of 2, 1% compared with last year, said National bank of Serbia (NBS). These trends were influenced by reduced energy consumption of population, and consequently a decline in demand for insurance products, first of all optional non-life insurances, according to a report by the NBS.

Grafikon

In the premium structure, participation of non-life insurance amounted 84, 6%, while the participation of life insurance amounted 15, 4%. Growth of participation of life insurance from 14, 2% is a consequence of increase of insurance of 11 percent in the same period of 2010.




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